Saturday 25 June 2016

City firms may lose 'prized' EU access, says French banker - BBC News

City firms may lose 'prized' EU access, says French banker - BBC News:

"London's financial institutions risk losing their prized access to the EU if the UK leaves the single market, said France's top central banker.
Francois Villeroy de Galhau said London's banks would lose their "financial passport", which allows them to trade freely in the EU.
Earlier, the head of the Eurogroup of finance ministers Jeroen Dijsselbloem said banks would move outside the UK.
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