Brexit Fears Sees London Banks in ‘Advanced Stages’ to Move to France
France’s market regulator has said that leading banks in London are in the advanced states of moving their operations to Paris, amid Brexit fears, reports the BBC. Benoit de Juvigny, secretary general of Autorite des Marches Financiers (AMF), said to the BBC, that ‘large international banks’ in London have taken steps to move procedures to the French capital. In the event of a ‘hard Brexit’ British financial institutions would lose their passporting rights, which currently permits banks in the U.K. to provide services across the European Union without any restrictions. When Britain leaves....
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BetChain has enlisted the services of its favorite exterminator, to make sure that all your Brexit fears are eliminated. As Britain gets ready to make a decision that can potentially change its future standing, and traders rush to place their bets on the right assets, BetChain has a solution for that Brexit infestation. Take your mind off the future of the pound and make a run for a huge Bitcoin or Euro jackpot. BetChain has enlisted the services of its favorite exterminator, to make sure that all your Brexit fears are eliminated and you can focus on the thrill of gunning for those huge....
First there was Brexit or No Brexit, now the key question to ask is whether there will be a hard or a soft Brexit. If the United Kingdom takes a hard stance on the movement of people and completely moves out of the European Union in any shape and form including the EEC, then the chances are that the British Banks will lose their so-called passporting rights. Banking matters to Britain. Britain is the largest market for Euros outside of the common currency area. It is also a country that is dependent on its financial services industry for generating a large measure of its wealth. The UK’s....
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