With two months until Brexit takes effect, US banks have begun transferring some London staff to Continental Europe and drawing up contingency plans in case of a "hard" Brexit. Around 400 Bank of America employees are set to transfer to Paris and Frankfurt starting in February, according to a person familiar with the matter. About half of this group -- or 200 people -- will be in place before the March 29 Brexit deadline, with the remainder following soon after.
from Yahoo News - Latest News & Headlines https://yhoo.it/2G8XcOP
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