JPMorgan’s Raghavan Sees Brexit ‘Pandemonium’ Without Transition

  • Full EU market access and lengthy transition key objectives
  • No rival hub to London will emerge after Brexit, Raghavan Says

A senior executive at JPMorgan Chase & Co. called on U.K. and European regulators to strike an interim agreement to allow banks in London to continue to provide services across the EU on broadly similar terms beyond the end of the two-year negotiation period for a Brexit. 

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