Paris today launched a major campaign to lure London’s financial firms across the Channel after Brexit. / More than 80 key business bosses, who were gathered at the Shard in central London, were told that the French capital could offer “stability” as the only “global city” that will be left in the EU when Britain quits.

Swissquote Group Holding SA will likely shift its European retail business from London to Luxembourg following Brexit.

Equivalence permits for UK financial services unlikely to be ready by January 1st.

The European Union is ready for every type of Brexit, including granting no further EU access to Britain’s financial sector, the bloc’s candidate for financial services chief said in a document seen by Reuters.

The man who speaks for the City knows the bankers can’t do without Europe.

The banks pay huge amounts of tax. If they lose business, then Britain’s economy will suffer.