Michel Barnier has moved to reassure the leaders of American business that the EU will not close London’s financial giants of the us from its markets after the British exit from the EU, despite the city experiencing hard treatment at the hands of Brussels regulators.
“I want to be a graphic. Open markets for financial services are an asset for the EU, and will remain so in the future,” he said in new York on Tuesday after declaring that he wanted to give “the European voice, about a British exit from the EU.”
He added, “to be very clear, we are in the EU, the most open place on earth for financial services”.
London is the preeminent financial centre in the EU, but Paris and Frankfurt are looking to use the capital loss…
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