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Jun 04, 2019

How the investment community responded to Brexit

A look into whether the UK investment community plans to relocate significant resources to mainland Europe
‘There isn’t a return. That bridge has been pulled up.’ That’s how Anne Finucane, Bank of America’s vice chair, described her firm’s relocation of its European headquarters from London to Dublin at a conference earlier this year. Whatever Brexit we end up with – hard, soft or no Brexit at all – the decision of the UK to vote in favor of leaving the EU has led to a permanent redrawing of the financial services map in Europe. Put simply, London is on the losing end of the changes.

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