ING's Hamers Follows HSBC in Warning `Brexit' to Hit London Jobs
- Holland's largest bank could pull global operations from U.K.
- CEO Ralph Hamers says Britain leaving would be 'bad for EU'
What Are the Odds of a 'Brexit?'
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ING Groep NV Chief Executive Officer Ralph Hamers said the Dutch lender would probably follow other major banks in reducing its London staffing levels if the U.K. withdrew from the European Union.
“If some of the mega banks, the markets banks, leave London, we will go with the flow,” he said in an interview with Bloomberg News. “Either the circus of the financial markets is located in London or its going to be somewhere else.”