Battle focuses on what EU sees as bloc’s over-reliance on London’s clearing houses handling euro-denominated derivatives.

Brexit has consequences. According to the boss of Europe’s largest exchange group, one of them is that London is no longer the region's dominant financial center. But that's not the worst of it.

Stock market listings outside of London are the 'new normal', Stephane Boujnah said, citing Ryanair favouring Dublin trading over London

The boss of Europe’s largest exchange group took a swipe at the UK capital, saying Brexit means it is no longer Europe’s dominant financial center.