France Woos U.K. Finance as Industry Reels From Brexit Paper
- French Minister Delphine Geny-Stephann on two-day U.K. visit
- Minister met with banks, fintech to talk post-Brexit options
Photographer: Christophe Morin/bloomberg
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France is on a charm offensive. While the U.K.’s financial-services industry reels from the Prime Minister’s latest Brexit proposal, politicians across the Channel are stepping up their campaign to show firms they have other options.
On a two-day visit to the U.K. this week, French Deputy Finance Minister Delphine Geny-Stephann met with banks, asset managers, private equity and fintech firms in an effort to promote France’s new, more friendly approach to business. While the trip was long-planned, her timing couldn’t be better as Britain’s financial firms were left up in arms over the U.K.’s post-Brexit plans.