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April 16, 2021 In the wake of Brexit, at least 440 banks and financial services companies are moving some part of their operations and managed assets from London to cities in Europe, according to an analysis by New Financial, a London think-tank. But even as London’s status as Europe’s capital of finance is dimming, no other European city as yet stands to replace it, said William Wright, the founder of New Financial. These 440-odd firms aren’t shutting shop in London altogether; in fact, Wright said, only three of these are moving wholesale. The remainder will continue to have large presences in London. “They may even keep London as some sort of headquarters,” he said. “But they’re all opening hubs in Europe, for regulatory purposes but also for practical reasons, to manage any future EU business.”

France generalUnited kingdomCity ofNoord hollandAndrea enriaBrexit europeWilliam wrightEuropean central bankNew financialபிரான்ஸ் ஜநரல்ஒன்றுபட்டது கிஂக்டம்நகரம் ஆஃப்நூற்த் ஹாலண்ட்வில்லியம் ரைட்ஐரோப்பிய மைய வங்கிபுதியது நிதி