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Brexit capital gains: Will Europe's financial hubs steal London's crown now the UK has quit the EU?

The post-Brexit fallout came faster than many had expected. On January 4, the first trading day of 2021, almost €6 billion of EU share trading left London for other European capitals. Then earlier this month came the news that Amsterdam had overtaken London as Europes biggest share trading centre, as daily volumes fell sharply in the City and surged in the Dutch capital. In 2019, when the United Kingdom was still inside the European Union and its single market, 43% of trading in EU stocks too...
New York United States City Of London City Of United Kingdom France General

British finance firms scatter across European capitals

British finance firms scatter across European capitals Save Share London | No single European city will snatch London’s mantle as a global financial centre, but the mini-exodus of financial services from Britain could see different cities on the Continent become specialised hubs as Brexit reshapes the landscape. “There’s a very clear sector specialisation emerging in Europe that will be interesting to track,” said William Wright, founder and managing director of the London t...
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Source: afr.com

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