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Bankers meet UK PM Theresa May as they plan own Brexit

Goldman Sachs considers cutting London staff to 3,000


Stephen Morris Michael J Moore & Simon Kennedy 

UK Prime Minister Theresa May might have found a sceptical audience when she met the leaders of the global finance industry on Thursday as they push ahead with their own plans for Brexit. However, she insisted she valued the contribution that banks make to Britain’s economy, even as they signalled they were packing their bags in response to Brexit. The talks took place as bankers started to reveal more about how they will shift jobs to preserve their ability to service the EU market if May’s plan makes London operations unworkable. JPMorgan Chase & Co. Chief ...

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First Published: Fri, January 20 2017. 01:02 IST