Two prominent City of London figures have warned EU leaders about the dangers of stripping London of the lucrative euro clearing trade after Brexit. A proposed move could cost investors €100bn (£83bn) over five years, Xavier Rolet, chief executive of the London Stock Exchange, said on Monday. Seperately, Michael Spencer, founder of broker Icap described the [...]
£800bn
Brexit: Stripping London of £800bn clearing business could cost investors £80bn, says London Stock Exchange
May 22, 2017
Business
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