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London to Resume Trading Swiss Shares After Losing EU Billions

  • About 200 Swiss stocks will be reintroduced to London venues
  • Move by U.K. risks complicating bid for EU equivalence
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Photographer: Hollie Adams/Bloomberg

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The City of London can tout a rare benefit of Brexit this week, when Swiss shares such as Novartis AG and Nestle SA are expected to be readmitted to trading in London.

The return comes after an 18-month hiatus triggered by Switzerland protecting its markets in a stand-off with the European Union. The U.K. is looking to embrace other partners after jettisoning ties with the world’s biggest trading bloc.