As Britain prepares to leave the European Union, thousands of British bankers are considering a move to Frankfurt. Germany's financial capital is ready to take them in.
Policymakers from the US Fed, the European Central Bank and the Bank of England have described the recent sell-off in stock markets as a healthy correction, saying this won't knock them off their monetary policy path.
The decision to move the EU medical agency from London to Amsterdam will be challenged on the grounds that the Dutch city is unprepared for the move. The news has incensed Milan officials, who narrowly lost the bid.
Deutsche Bank is cutting at least 250 investment banking jobs in locations including London and the United States as it seeks to keep a lid on expenses amid a sustained slide in its securities unit.
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