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Home Tag Archives: German

Tag Archives: German

London to lose $900 billion to Frankfurt due to Brexit, German finance group claims

By Loknath Das
December 11, 2018
in :  Finance
Comments Off on London to lose $900 billion to Frankfurt due to Brexit, German finance group claims

Boris Roessler | Picture Alliance | Getty Images The skyscrapers of Frankfurt’s banking metropolis. London is predicted to lose up to 800 billion euros ($909 billion) of assets by March next year, as banks move their business operations to other hubs before Brexit takes place. Lobby group Frankfurt Main Finance (FMF) released the figure last week, which it calculated based …

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