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Brexit Boon Seen for European Cities Poaching From London

  • Paris, Frankfurt and Dublin expected to lure financial jobs
  • Luxembourg, Amsterdam among cities that may also grab share
Bloomberg business news

Brexit Fallout: Will Venture Capital Firms Flee London?

Updated on

Thousands of jobs at London’s largest financial institutions are at risk of leaving the country after the U.K. voted to exit the European Union. The cities most likely to reap the benefits include Paris, Frankfurt and Dublin.

A majority of voters were not swayed by warnings from international bank bosses, the International Monetary Fund and politicians that high-paid financial jobs could leave Britain, as 52 percent voted to depart the EU and 48 percent backed remaining.