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Paris neck-and-neck with Frankfurt in Brexit race - French lobbyist

Reuters  |  PARIS 

By Huw JonesPARIS (Reuters) - Paris is now neck-and-neck with Frankfurt in the race to lure jobs from the City of London financial district ahead of Britain's exit from the European Union, a senior French financial sector official said on Thursday.The German financial capital was seen as leading the pack since Britain's 2016 vote to leave the bloc in March next year, triggering contingency planning by banks, insurers and asset managers in London who need an EU base after Brexit.Banks have been applying for licences in Frankfurt, home of their supervisor, the European Central Bank, the euro ...

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First Published: Thu, February 15 2018. 21:26 IST
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