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Large financial institutions and banks are expanding footprint in London, and have announced new office developments after Brexit. So this claim of yours seems
by 0xy 4y ago
Large financial institutions and banks are expanding footprint in London, and have announced new office developments after Brexit. So this claim of yours seems to be based on pre-Brexit fearmongering that never came to pass.
I mean, come on, this is easily dis-proven as a talking point. 1 minute of Googling will show it's totally false. [1]
>“London's position in Citi's global framework and strategy is undiminished and is actually growing” [2]
>[HSBC] named three new senior investment bankers within its UK team over the past month as part of an ongoing expansion in the country, according to internal memos seen by Financial News. [3]
[1] https://www.businesswire.com/news/home/20220125006049/en/Citi-to-Transform-EMEA-Headquarters-in-Major-London-Refurbishment https://www.businesswire.com/news/home/20220125006049/en/Cit...
[2] https://www.ft.com/content/7d1be767-0121-45aa-8f94-b3a04ea3c4d0 https://www.ft.com/content/7d1be767-0121-45aa-8f94-b3a04ea3c...
[3] https://www.fnlondon.com/articles/hsbc-hires-three-bankers-amid-uk-expansion-in-mid-market-deals-20211123 https://www.fnlondon.com/articles/hsbc-hires-three-bankers-a...
- TapWaterBandit 4y agoThe UK is still the most finance-friendly country in Europe by far. There were attempts to setup in France etc but regulation is much more onerous and so those plans fell apart quite quickly.