-
Advertorial
-
FOCUS
-
Guide
-
Lifestyle
-
Tech and Vogue
-
TechandScience
-
CHTF Special
-
Nanhan
-
Futian Today
-
Hit Bravo
-
Special Report
-
Junior Journalist Program
-
World Economy
-
Opinion
-
Diversions
-
Hotels
-
Movies
-
People
-
Person of the week
-
Weekend
-
Photo Highlights
-
Currency Focus
-
Kaleidoscope
-
Tech and Science
-
News Picks
-
Yes Teens
-
Fun
-
Budding Writers
-
Campus
-
Glamour
-
News
-
Digital Paper
-
Food drink
-
Majors_Forum
-
Speak Shenzhen
-
Business_Markets
-
Shopping
-
Travel
-
Restaurants
-
Hotels
-
Investment
-
Yearend Review
-
In depth
-
Leisure Highlights
-
Sports
-
World
-
QINGDAO TODAY
-
Entertainment
-
Business
-
Markets
-
Culture
-
China
-
Shenzhen
-
Important news
在线翻译:
szdaily -> World Economy
London bankers face Brexit choice: lobby or leave
    2016-July-4  08:53    Shenzhen Daily

    A WEEK after Britons voted themselves out of the European Union, many London-based bankers and their employers face two options if they are to secure their futures: lobby or leave.

    Some investment banks, anxious not to stir speculation of an exodus from the historic City of London and its modern counterpart at Canary Wharf, have given out “business as usual” messages since the shock referendum result June 23.

    But beyond the soothing words the wider industry is hastily organizing a lobbying effort in the hope London can keep selling financial services across Europe, a right to which it has become accustomed but may lapse when Britain finally exits the 28-nation bloc.

    The alternative for banks and bankers, growing increasingly insecure in an information vacuum that has developed since the June 23 vote, is to get out. Headhunters report a level of anxious calls they haven’t seen since the 2008 global crisis, with bankers asking about prospects in rival financial centers that remain in the EU, or those in Asia and the United States.

    Banks and other financial firms have rallied together, forming a group to devise a strategy for protecting the turf of an industry that is Britain’s biggest exporter and accounts for more than 10 percent of its tax revenues.

    Even Britain’s biggest lenders are relying on the group — led by Shriti Vadera, chairwoman of the U.K. arm of Spain’s Banco Santander who is also a former business minister — for guidance in such uncertain times.

    “We are looking to them to have an intelligent response,” Barclays chairman John McFarlane told an industry event Thursday. (SD-Agencies)

深圳报业集团版权所有, 未经授权禁止复制; Copyright 2010, All Rights Reserved.
Shenzhen Daily E-mail:szdaily@szszd.com.cn