London Broker Numis Plans Post-Brexit Hub for European Clients
- Stockbroker joins wave of banks boosting EU presence
- U.K. lost access to many financial markets under Brexit
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Numis Corp. will open an office within the European Union to pursue business that would otherwise be cut off after Brexit.
The London-based broker, which offers mostly small- and mid-cap U.K. equities, plans to open an entity in the bloc within the next 12 months, according to a regulatory filing Tuesday.