After the fracture: how Britain’s financial industry recovered from Brexit
Global banks are expanding in London as employment and profits rise, but the city has lost market share in 10 of 12 finance categories.
4 Articles
4 Articles
How Britain's financial industry recovered from Brexit
In the buildup to 2016's Brexit referendum, JPMorgan CEO Jamie Dimon said the US bank could shift 4,000 jobs from Britain, joining a chorus of executives who warned a vote to leave the European Union would ravage the country's finance industry.
After the fracture: how Britain’s financial industry recovered from Brexit
Signs the British financial industry has weathered Brexit better expected: Employment in London's financial district is near an all-time high and banks are posting record profits.
Prior to the 2016 referendum on the UK's exit from the European Union, JPMorgan's Director General, Jamie Dimon, warned that the bank could move up to 4,000 jobs in the UK if the British voted for Brexit.
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