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Investment banks tell UK's Osborne they will help London after Brexit vote

Business & Finance : Business Insider: Clusterstock

LONDON (Reuters) - Major investment banks including Goldman Sachs and JPMorgan said they would work to help London remain a top center for international finance, in a joint statement on Thursday with British finance minister George ...

BREXIT FALLOUT: JPMorgan and UBS both think London will lose its crown as the financial centre of Europe

Business & Finance : Business Insider: Clusterstock

JPMorgan and UBS both warned in separate notes this week that London is likely to see an exodus of finance jobs in the wake of the Brexit vote. They join US rating agency Fitch and the cohead of Goldman Sachs' investment bank in war...

LEAVING LONDON: Confidential Deutsche Bank Brexit briefing shows where it thinks other banks will go

Business & Finance : Business Insider: Clusterstock

London is likely to lose its financial services passport, and investment banks that shift operations abroad quickly will benefit from a "first-mover advantage," according to a confidential Deutsche Bank briefing seen by Business Ins...

A major Russian bank is turning its back on London because of Brexit

Business & Finance : Business Insider: Clusterstock

VTB, Russia's second biggest bank, is moving its European headquarters out of London in response to Brexit, according to a report in the Financial Times. VTB, which is 61% state-owned by the Russian government, is considering a rang...

UBS investment bank boss: A 'significant percentage' of London jobs may have to move after Brexit

Business & Finance : Business Insider: Clusterstock

The head of the investment bank at UBS is warning that the bank "most probably we would need to consider moving a number of our [London] employees to an EU country" in the wake of the Brexit vote, as the Treasury puts pressure on ba...

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