No Quick Fix to City of London’s Brexit Conundrum

September 29, 2016 8:25 AM

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Some argue EU rules provide a way for London-based banks to keep their access to Europe, but the reality is more complicated, Simon Nixon writes

As the debate over how to carry out Brexit intensifies, the City of London finds itself in the firing line. To some hard-line Brexiters, repeated warnings from bankers about the costs of quitting the European single market and losing passporting rights—which allow U.K.-based firms to sell financial ...

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