The withdrawal of US banks from London after the results of the referendum
[rtl] Capitals - Agencies
large US banks began to move their operations outside Britain, shortly after the results of the referendum , which showed the British desire to secede from the European Union, while the governor of the French central bank warned that the British financial services groups in danger of losing their right to work in the European Union. The newspaper «Financial Times» British, the US investment bank initiated legal action to transfer its operations executives and managers from Britain.
She noted that the big banks are American such as «Goldman Sachs» and »Bank of America», and »Citigroup», and » Morgan Stanley », and» Morgan Chase », which employs thousands of British began to move from its United Kingdom operations procedures, to cities such as Dublin, Frankfurt and Paris. The executive director of one of the big US banks: «We started thinking practically in repositioning our office in Europe, and we could see banks could be moved from the main offices of London». The lawyers called for these banks warnings that he could lose all or part of the facilities won by its presence in Britain and used in the sale of services to customers in Europe, according to the secession negotiations between Britain and the European Union. In thesame context, he warned the French Central Bank Governor Francois Villeroy de Galhao, that British banks may lose work facilities within the EU if Britain left theEuropean single market. The French official , who also works at the ECB, it is paradoxical that Britain allow banks to operate under EU law, be part of the European single market such as Norway does not[/rtl]