Paris Becomes the Latest Beacon for Bankers: Beyond Brexit
Paris is becoming a beacon for bankers after Brexit.
Photographer: LUDOVIC MARIN/AFP via Getty Images
What’s happening? Paris has become one of the hottest finance job markets in Europe, and Britain looks to join an existing trade deal between the U.S., Mexico and Canada.
France is the place to look for a job in banking, from JPMorgan Chase & Co. to Goldman Sachs Group Inc. and Morgan Stanley, all of which are beefing up operations in Paris post-Brexit. The city has become one of the hottest job markets in Europe for finance professionals. France’s biggest investment banks are dangling pay bumps and flexible work arrangements to retain top performers. And the days when junior bankers in France were paid less than their U.K. counterparts may soon become history.