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EU Draws Brexit Battle Lines for Banks

  • U.K. banks to lose passporting, EU market access after Brexit
  • End of transition period will probably coincide with EU budget
The Canary Wharf financial district in London.

The Canary Wharf financial district in London.

Photographer: Simon Dawson/Bloomberg
Updated on

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The U.K.’s breakthrough deal to get Brexit talks moving on to the future trading relationship may be short-lived.