‘Bankfurt’, Paris await Brexit boom as banks stay loyal to London
01 Feb 2019

In Frankfurt and Paris, the flood of banking jobs predicted to arrive after Brexit is, for now, little more than a trickle.

An analysis of job postings on eight of the world’s major investment bank websites show a modest push to recruit staff in other European cities but little to suggest London is set for a rapid demise as the region’s top banking hub.

Goldman Sachs, Citigroup, JP Morgan, Morgan Stanley, Bank of America/Merrill Lynch, UBS, Credit Suisse and Deutsche Bank are seeking to fill 1,545 new roles in Britain, numbers up to January 22 show.

In Germany and France – the two countries predicted to see the biggest influx of financial services from Britain as a result of Brexit – just 301 roles have been listed.

– By Sinead Cruise, Tom Sims, Reuters, 31 January 2019.

Link to Reuters.

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