City of London could be cut off from Europe, says ECB official

City of London could be cut off from Europe, says ECB official http://newzposts.com/city-of-london-could-be-cut-off-from-europe-says-ecb-official/

London-based institutions could be stripped of ‘passports’ that allow them to sell services to rest of EU, says Françcois Villeroy de Galhau The European Central Bank has fanned fears that London could lose its status as Europe’s financial capital after warning that the Brexit vote might sever the City’s trade relationship with the EU. A

The post City of London could be cut off from Europe, says ECB official appeared first on NewzPosts.com.

NewzPosts.com

from
https://plus.google.com/116388703487319408329/posts/SQeFX1xxS54