European Banking Authority flees across the Channel

“But what does this mean for London? Financial pundits have repeatedly warned of serious problems for the U.K.’s financial services industry unless London has access to the EU’s single market. At present, this seems like a pipe dream: none of the proposals from the U.K.’s main political parties would give the financial industry what it wants. The hemorrhage of assets and staff from London seems set to continue.”

As preparations for Brexit gather pace, what does the future hold for the U.K.'s important financial services sector?

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