Paris, Frankfurt Already Jockeying for City’s Brexit Spoils

Updated on
  • Hollande says EU financial market hubs should ‘get ready’
  • Merkel ally says Frankfurt better destination for clearing

Brexit: What Does It Mean for London Bankers?

The British seat at the European Union summit had been empty for less than 24 hours before leaders from France and Germany were haggling over one of the U.K. economy’s crown jewels: the business that facilitates trading in euro-denominated derivatives.

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