Brexit causing City jobs to move abroad

Following the Brexit, US banks have begun placing roles in other, non-UK, European cities – a report from DHR International has found.

DHR International said rival European financial cities - such as Frankfurt, Germany, or Paris, France – were taking London’s growth – City AM reports.

This report validates the warnings of jobs moving abroad that were foretold in the weeks, and months, leading up to the EU referendum.  

DHR International’s Managing Partner, Stephane Rambosson, says: “[Brexit is a] handy excuse for getting on [with] the unpleasant task of moving jobs outside London.”