France to Win Britain’s Finance Crown

According to a new report, France will likely win Britain’s financial services crown in the European Union after Brexit.

New Financial think tank says that Brexit will most likely lead to a shift in the tone and direction of policy on EU capital markets.

Essentially Britain’s departure from the EU will mean it loses its biggest financial center, though over 300 institutions in finance and insurance operating in Britain have already opened hubs in the EU.

Source: https://www.investing.com/news/economy/france-to-win-britains-finance-crown-in-eu-after-brexit-report-1973999

Tags: