Hey BOSi!!
What's New?

BACK TO BLOG

General information


Author: Independent - Jim Armitage

Category: Press

Publication: 23 January 2017


Share on

Brexit: Banks consider ‘moving London staff to Luxembourg to get access to EU’

2017 Luxembourg

Nicolas Mackel said there had been ‘strong interest’ from US and other non-EU firms assessing their options since June’s referendum

The head of financial development for Luxembourg said a string of overseas banks and fund managers had explored moving London staff to the tiny country since the Brexit vote.

Nicolas Mackel said there had been “strong interest” from US and other non-EU firms assessing their options since June’s referendum.

Mr Mackel was speaking a little over a week after investment giant M&G announced it would be opening funds in Luxembourg, whose government styles it as “the only country left that still loves bankers”.

 

Full article - http://www.independent.co.uk/news/business/news/brexit-latest-bank-move-luxembourg-london-exodus-a7369661.html