Assets worth around a trillion pounds are moving from London to hubs in the Euro...
Banks and offices create a skyline in the Canary Wharf financial district in London October 21, 2010. REUTERS/Luke MacGregor
Banks, asset managers and insurers in London are opening or expanding hubs in the EU to avoid disruption from Britain’s departure from the European Union. In its latest Brexit Tracker, EY said that 23 companies have announced the transfer of about a trillion pounds in assets, up from 800 billion pounds in the last quarter.
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