Economics

Brexit Has Cost London Just 1,000 Investment Bank Jobs

A fraction of expected staff moves to EU have occured, EY says
‘Building blocks in place’ for Brexit but firms await clarity

Commuters walk through the City of London financial district.
Photographer: Hollie Adams/Bloomberg

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By Silla Brush

September 18, 2019 at 11:00 PM UTC

Updated on

September 19, 2019 at 10:52 AM UTC

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With just over six weeks until the U.K. is due to quit the European Union with or without a deal, the much feared investment banker exodus out of London is still just a trickle.