HSBC Germany Chairman Sees Germany Winning If U.K. Exits EU

  • Bank would move Europe business from London in exit scenario
  • Germany favored over Paris and other European locations

Germany may gain in prominence as a global financial hub if the U.K. votes to leave the European Union, according to Andreas Schmitz, a member of the board of directors of Germany’s BdB banking lobby group.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.