Global Banks Said to Seek Brexit Deal to Keep Status Quo

  • Plan would look to safeguard passporting rights for banks
  • A short timeframe for exit could spark exodus, PwC’s Gray says

Maisonneuve: London Likely Loses on Margin From Brexit

The world’s biggest banks are pressing U.K. Prime Minister Theresa May to strike an interim agreement with the European Union for financial companies before formal exit talks start, according to two people with knowledge of the matter.

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