Monday, January 23, 2017

Brexit get banks to leave London – Västerbottens-kuriren (the Courier)

A forthcoming brexit get the american banks Morgan Stanley and Citigroup to reposition themselves. According to sources to Reuters need Morgan Stanley to move around 1, 000 of the bank’s total of 6 000 employees working in the united kingdom. According to Reuters ‘ sources, the move to go to Germany and Frankfurt. For Citigroup, it would be about a hundred employees.

“We are continuing to evaluate what changes we must make for our business but no decision has yet been taken,” says a spokesperson for the bank.

Last week, the banks HSBC and UBC that they both needed to move 1,000 employees from London.

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