UK financial service companies worried about Brexit - Volkswagen Emissions Scandal
The City of London's regulator has said major City firms will start executing contingency plans at the end of the year if there is no agreement about the UK's transition for exit from the EU. Citigroup is off already.
Speaking on top of Paris' mint, France's prime minister set out a raft of measures designed to welcome bankers from London to Paris after Brexit. Tax breaks and international schools are part of the offer.
Employees of the German luxury car maker Porsche are now being eyed by investigators in the emissions scandal which is slowly engulfing the industry and has already led to criminal and civil charges in America.
London's banking chiefs will travel to Brussels this week to shore up the UK capital's financial services sector post-Brexit. Several banks are planning to move staff to Frankfurt and Dublin to satisfy EU finance rules.
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