JPMorgan, the biggest U.S. bank, is moving around €200 billion euros ($230 billion) from the U.K. to Germany as a result of Britain’s exit from the EU. Here’s why.

Dublin has been crowned the most desirable place for City jobs, as 135 firms have relocated business to the Irish capital due to Brexit, new research has revealed.

La Défense district in Paris has been announced to house seven new skyscrapers, designed by a number of renowned architecture firms like Foster + Partners, Ateliers Jean Nouvel, and Christian de Portzamparc.

AGE was established in Paris in mid-2019 to prepare for the impact of Brexit on AGUK, which had previously been the entity writing Assured Guaranty’s business in Europe.

Bermuda company pivots to Europe post-Brexit.

Bank of America has spent around $400m on preparing for Brexit, which has seen the bank move some operations from London to Dublin and Paris.

The Chancellor is trying to keep talent in a financial sector that is losing ground to the EU. / Of all the things the government could be doing to improve the economy right now, scrapping the cap on bankers’ bonuses seems like the most brazenly tone-deaf.

Investment banks are shifting more rainmakers out of London to financial centres across the European Union, accelerating the pace of moves after the pandemic and uncertainty over Britain’s access to the bloc slowed relocations.

“Now that Brexit is finalized, financial institutions have warned us that they intend to pursue their staff-relocation plans to Paris.”

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.

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.

Brexiteers promised to “take back control.” But the decision has instead delivered recession, gloom, and despair.

Regardless of a deal or no-deal Brexit, the current political uncertainties are challenging the UK's position as the premier location for resolving disputes. Commercial courts have already opened in Paris and Amsterdam, with proceedings conducted entirely in English and expressly aimed at competing with the UK.

Next year’s 20th anniversary edition of London-Paris, the three-day ride that features on many cyclists’ bucket list, will be the last in the current format, with organisers blaming the decision in large part on increased costs and logistical headaches in the wake of Brexit.

High-earning financiers have been abandoning London and moving to Frankfurt, Paris and Milan. That’s worrisome for the U.K. financial capital.

THE UK's decision to break away from the EU cost service exports more than £110 billion over a four-year period, new research has shown.

More than 275 financial firms are moving a combined $1.2 trillion (£925 billion) in assets and funds and thousands of staff from Britain to the European Union in readiness for Brexit at a cost of up to $4 billion, a report from a think tank said on Monday.

More than 275 financial firms are moving a combined $1.2 trillion in assets and funds and thousands of staff from Britain to the European Union in readiness for Brexit at a cost of up to $4 billion, a report from a think tank said on Monday.

Bank of France chief claims ‘50 British entities’ have moved over the Channel, while Dublin, Amsterdam and Frankfurt have also benefited.

London has been the unrivaled king of European finance for more than three decades. Brexit is starting to change that.

The U.K.’s departure from the European Union pushed more than 440 financial firms to move at least some of their operations, staff, assets or legal entities from Britain to the bloc.

Worried that EU visitors post-Brexit would start claiming back value added tax on luxury purchases, the UK scrapped its rebate on the tax. / This makes the UK the only country in Europe not to offer such a rebate and makes Paris and Milan more attractive, as customers can save thousands of euros.

A Stirling Prize-winning architect has opened a new studio in Berlin to make it easier to bid for jobs on the continent and hire EU-based staff.

State’s 2016-2019 services exports £126bn higher than projections based on prior trends

Cheesegrater architect says base in French capital will act as ‘gateway to Europe’.

Now that hiring has made a comeback in London banking circles, some recruiters are complaining of a new phenomenon: too little talent.

Paris, Frankfurt and Dublin are most successful in luring roles from UK, say consultants

Study finds over £900 billion in bank assets and £100 billion in insurance funds have been moved from the UK to the EU.

Britain’s economy is forecast to shrink by 0.4% in 2023, more than any other in the Group of Seven richest nations, according to the Organization for Economic Cooperation and Development (OECD). Britain is the only G-7 member whose economy has yet to return to pre-pandemic levels.

Advisory firm Campbell Lutyens is opening a Paris office to maintain a foot in the European market following Brexit.

The French capital will become a focus for the bank as it tries to recruit dozens of fresh staff.

The new head of its European trading hub in Paris will expand the operation after Brexit. / Citigroup is expanding its trading hub in Paris, the latest sign of US investment banks stepping up their presence in the French capital after Brexit.

The UK used to be the obvious point of entry for art and antiquities coming into Europe. But then we ostracised ourselves.

A new survey shows that since the Brexit referendum, Dublin remains the most popular destination for staff relocations and new European hubs or offices.

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.

Travel agents say the UK's withdrawal from the EU "has taken away the seamless and frictionless travel" that Britons previously enjoyed.

Eurostar has announced it will scrap London to Disneyland direct services from next summer due to the impact of Brexit and Covid.

Goldman Sachs is to start moving hundreds of staff out of London before a Brexit deal is struck, the bank’s European boss has confirmed.

Activity in first three months of year indicates UK's withdrawal from EU could remake financial centres across Europe in coming years. / A month after Britain voted to leave the European Union, Boris Johnson was asked whether he thought the finance industry would keep its rights to trade freely in the bloc. “I do, I do,” he told reporters. It was never that simple.

The boss of the UK’s largest bank has warned banks and their clients will have to swallow higher costs if Brexit fragments the European financial market.

While Britain braces for its exit from the EU in March 2019, HSBC announced on Monday that seven of its Europe-focused offices will move from London to Paris early next year.

French customs staff stage work-to-rule to demonstrate March 29 reality. One border guard declared: 'This will be what it is like after Brexit. Back to 1970s.'

ondon trains leave Amsterdam at least 78% empty because of constraints on UK border checks. / Thousands of seats are deliberately going unsold on Eurostar trains every day as the cross-Channel train operator struggles with post-Brexit passport controls.

Finance firms have announced that about 7,600 jobs will move from the UK to the EU, according to a study by consultancy EY.

The French capital has gained one year on from Brexit, but cities such as Dublin, Amsterdam and Frankfurt have also emerged as winners.

An index compiled by Bloomberg showed combined market capitalisation of primary listings in Paris overtook London in US dollar terms.

Dublin was been chosen as the most desirable place for jobs from London’s financial district, as 135 firms have relocated business to the Irish capital because of Brexit, according to new research.

LONDON has lost its crown as Europe’s largest stock market to Paris, with France closing a trillion-dollar market gap since the 2016 Brexit vote.

The mass participation event, run by Hotchilee, will see its 20th and final edition of its current format in 2024.

President Emmanuel Macron will declare that Paris is back on the map of global finance on Tuesday when he inaugurates JPMorgan's new trading hub in the French capital which he hopes will attract more bankers leaving post-Brexit Britain.

Bank of America Merrill Lynch is poised to move hundreds of London staff to Paris next week as it implements its Brexit plans.

The U.K.’s departure from the European Union has gifted the City of London’s European rivals with a once-in-a-generation opportunity to win back some of the business that has gravitated towards the Square Mile over the past few decades.

London is currently Europe’s leading financial centre but the French authorities dream of seeing Paris in the lead.

Macron said the towers would cater to bankers, academics and researchers who might be forced to decamp from London to the Paris business district following the UK's exit from the European Union.

Campaigners for Britons in France and political centrists say they want to put out a message of European solidarity against Brexit as they protest in Paris this lunchtime.

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.

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.

Parisian business district La Défense is to build seven new skyscrapers over the next five years to accommodate an expected influx of demand from banks fleeing post-Brexit Britain.

Ex-ambassador says Democrat White House would prioritise France and Germany.

Architecture studio Rogers Stirk Harbour + Partners has announced it is setting up a European office in Paris to win work in the EU following Brexit.

Architect says base in French capital will act as gateway to Europe after ’profoundly regressive act’.

Rogers Stirk Harbour + Partners (RSHP) has opened a new office in France as a ‘direct result of the impact of Brexit and to form a gateway to working in Europe’.

Paris will soon replace London as the art capital of Europe, warns art fair founder.

Even after years of division and vitriol, it seems like Britain still needs to talk about Brexit. / More than six years after voting to leave the European Union, the UK is facing a prolonged recession and a deep cost-of-living crisis. Last week’s Autumn Statement heralded years of higher taxes and cuts to public spending.

Yesterday, May 30, an important part of London’s influence in the European financial world quietly slipped away. The European Banking Authority (EBA) closed its Canary Wharf office. There was no press release, no news report, only a statement on its website giving its new address. On Monday, June 3, it will re-open in Paris, France.

Brexit was always going to be a recipe for the long-term decline of London as a financial centre Any ideas that suggested otherwise were ludicrous.

French oil giant Total SA is relocating a key part of its finance operation from London to Paris less than a month before Britain leaves the European Union.

"Around half of the fiscal hole, and the political instability that comes with that, is down to Brexit," John Springford of the Centre for European Reform.

Brexit is hurting the UK economy, Bank of England officials said Wednesday, even as government leaders downplay the impact of the seismic EU withdrawal.

Britain on Friday launched a post-Brexit plan to relax curbs on its powerhouse City sector introduced after the 2008 financial crisis, denying the reforms will bring about new instability.

A former Bank of England policymaker suggested there may not be a need for an austerity budget had it not been for Brexit.

Brexit has "permanently damaged" the UK economy, former Bank of England policymaker Michael Saunders warned as London was deposed as Europe's biggest stock market.

Meanwhile former Cabinet minister George Eustice questioned the negotiating strategy that led to the Australia and New Zealand trade deals.

After the U.S., the UK is the world's second-biggest market for art and antiques. But Brexit and the pandemic were major blows to sales in Britain last year, which slumped by 22 percent to $9.9 billion – the lowest level in a decade.

City financial firms have so far committed to move at least 7,000 jobs and £1 trillion of assets out of the UK to prepare for Brexit, with the true cost likely to be higher, research has found.

Iconic London to Paris cycle event will end current format after 20 years due to Brexit-related complications and logistical hurdles.

From remixed flags to a fishermen’s feast, new works by amateur artists exploring the new Franco-British relationship have gone on show.