AGE was established in Paris in mid-2019 to prepare for the impact of Brexit on AGUK, which had previously been the entity writing Assured Guaranty’s business in Europe.
Advisory firm Campbell Lutyens is opening a Paris office to maintain a foot in the European market following Brexit.
London has been the unrivaled king of European finance for more than three decades. Brexit is starting to change that.
Rogers Stirk Harbour + Partners (RSHP) has opened a new office in France as a ‘direct result of the impact of Brexit and to form a gateway to working in Europe’.
Brexit woes see RSHP open office in Paris
11/02/2021
Cheesegrater architect says base in French capital will act as ‘gateway to Europe’.
Architecture studio Rogers Stirk Harbour + Partners has announced it is setting up a European office in Paris to win work in the EU following Brexit.
RSHP opens office in Paris to beat Brexit
11/12/2020
Architect says base in French capital will act as gateway to Europe after ’profoundly regressive act’.
Brexit may kill London as a luxury shopping destination, with scrapping of tax rebate on purchases likely to put off international customers
08/02/2021
Worried that EU visitors post-Brexit would start claiming back value added tax on luxury purchases, the UK scrapped its rebate on the tax. / This makes the UK the only country in Europe not to offer such a rebate and makes Paris and Milan more attractive, as customers can save thousands of euros.
Bank of France chief claims ‘50 British entities’ have moved over the Channel, while Dublin, Amsterdam and Frankfurt have also benefited.
Post-Brexit UK will not be ‘centre of gravity’ for Biden administration, says former security adviser
27/10/2020
Ex-ambassador says Democrat White House would prioritise France and Germany.
'JPMorgan ... moving around €200 billion euros ... from the U.K. to Germany ... Here's why' - Bloomberg
23/09/2020
JPMorgan, the biggest U.S. bank, is moving around €200 billion euros ($230 billion) from the U.K. to Germany as a result of Britain’s exit from the EU. Here’s why.
London is currently Europe’s leading financial centre but the French authorities dream of seeing Paris in the lead.
French oil giant Total SA is relocating a key part of its finance operation from London to Paris less than a month before Britain leaves the European Union.
Campaigners for Britons in France and political centrists say they want to put out a message of European solidarity against Brexit as they protest in Paris this lunchtime.
City financial firms have so far committed to move at least 7,000 jobs and £1 trillion of assets out of the UK to prepare for Brexit, with the true cost likely to be higher, research has found.
Regardless of a deal or no-deal Brexit, the current political uncertainties are challenging the UK's position as the premier location for resolving disputes. Commercial courts have already opened in Paris and Amsterdam, with proceedings conducted entirely in English and expressly aimed at competing with the UK.
The European Banking Authority Leaves London
31/05/2019
Yesterday, May 30, an important part of London’s influence in the European financial world quietly slipped away. The European Banking Authority (EBA) closed its Canary Wharf office. There was no press release, no news report, only a statement on its website giving its new address. On Monday, June 3, it will re-open in Paris, France.
More than 275 financial firms are moving a combined $1.2 trillion (£925 billion) in assets and funds and thousands of staff from Britain to the European Union in readiness for Brexit at a cost of up to $4 billion, a report from a think tank said on Monday.
More than 275 financial firms are moving a combined $1.2 trillion in assets and funds and thousands of staff from Britain to the European Union in readiness for Brexit at a cost of up to $4 billion, a report from a think tank said on Monday.
Huge queues as French customs staff stage Brexit drill for Eurostar at Gare du Nord in Paris
06/03/2019
French customs staff stage work-to-rule to demonstrate March 29 reality. One border guard declared: 'This will be what it is like after Brexit. Back to 1970s.'
Bank of America's Brexit bill hits $400m
13/02/2019
Bank of America has spent around $400m on preparing for Brexit, which has seen the bank move some operations from London to Dublin and Paris.
While Britain braces for its exit from the EU in March 2019, HSBC announced on Monday that seven of its Europe-focused offices will move from London to Paris early next year.
Bank of America Merrill Lynch is poised to move hundreds of London staff to Paris next week as it implements its Brexit plans.