Wealth managers seeking new bases from which to serve European clients have landed on Luxembourg, with the Grand Duchy seen as a natural successor to London.

Brussels’ former Brexit chief urges collaboration on shared challenges and reflects on tumultuous talks.

Anti-Brexit campaigner Gina Miller was told a bank account for her political party would close without explanation.

At least 10 banks, building societies and credit card firms have now decided to close accounts held by Brits living abroad in Europe as a result of Brexit, MoneySavingExpert.com has found – with Nationwide and Co-op Bank among the latest to announce closures. We've full info below on what banks are doing, plus help on what to do if you're affected.

The success of Paris in luring banks from London after Brexit has exceeded expectations and is increasingly reflected in France’s balance of payments, the central bank said.

The shift of banking activities to Paris from London after Brexit is starting to have a measurable impact on France’s trade in financial services, and the dynamic is likely accelerate, according to the country’s central bank.

In this Federal Trust Briefing, financial expert Graham Bishop argues that three years after leaving the EU, there are no discernible signs of any benefits from Brexit for the UK financial sector. As the City’s leaders are recognising with growing alarm, the City’s international standing is slowly sinking.

No bank is obliged to give anyone facilities if it doesn’t wish to – the same as if Farage was barred from a pub or banned from a shop, writes Sean O’Grady.

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

Sunak boasts of the UK as a leader in technology. He does not remind us that Brexit eroded our position.

Giles Merritt assesses British remorse for leaving the EU, and suggests that Brussels should weigh the advantages of a constructive new relationship.

The ECB has met with banks in recent weeks, who have now been told which staff need to move over the next few years to meet new Brexit rules.

Barclays PLC is planning to hire 200 new traders in Paris in a fresh blow to the Square Mile in the wake of Brexit.

Barclays Plc expects to increase its headcount in Paris by about two thirds in the next two to three years, as the French capital increasingly becomes the main trading hub in continental Europe for global lenders after Brexit.

The financier and former Tory donor says leaving the EU was a plan by the rich to make themselves richer and the poor poorer.

Citigroup Inc. is preparing to shift more business into the European Union on the back of fresh guidance from regulators this week, a top banker in the region said.

The men behind Trussonomics and Brexit, the two great man-made catastrophes of recent years, are to be honoured for their ‘great work’.

The last week of upheaval in the banking world is proof of the importance of a competitive landscape; we must do more to ensure a level playing field for smaller banking players, writes Karen Bradley.

A whole host of issues arising from the UK's departure from EU are still unsolved after the latest Budget, City commentators note. / Issues ranging from the future of the government's rulebook and the banker bonus cap to London's status as a listings venue and a regulatory deal with the EU were not referenced in Hunt's 15 May speech, City leaders have noted.

Trade body Make UK adds to pressure on Rishi Sunak as it calls for reset of relationships with Europe. / Business leaders say frayed relations with the EU are costing the British economy, as suppliers in the bloc grow more cautious about doing business with post-Brexit Britain.

New banking regulations could increase the cost of small business lending by around a third and “fundamentally change” the market as debate around the implementation of international banking rules in the UK intensifies.

Senior Italian government officials say that the economic and social turbulence in Britain that has followed the withdrawal from the EU has been eye-opening, writes Kim Sengupta.

A POST-BREXIT “bonfire of banking rules” planned by the UK Government risks driving up food and energy prices even further, campaigners have warned.

Europe’s top securities watchdog wants London-based hedge funds and asset managers to prove they have built up a presence in the European Union after Brexit.

The number of EU bankers earning more than €1 million increased significantly in 2021, according to research by the European Banking Authority (EBA). / The regulator said that the hike in salaries was directly linked to relocations of staff from the UK to the EU following Brexit, as well as improved investment banking and trading sales, and a general increase in salaries.