Britain's financial sector wants a "Remain" vote in the EU referendum. They expect severe disadvantages for the City of London if people vote Brexit.
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.
Sterling has experienced its worst four days since Britons voted to leave the EU, adding to fears for a "hard Brexit" that bankers in London said would force them to relocate some of their business.
A parliamentary committee in United Kingdom released a report saying the British government is being undermined by the laundering of proceeds of Russian corruption. The money finances Moscow's aggressive foreign policy.
The prime minister maintains that Britain is worse off when it abides by decisions made in Brussels. But an industry services lobbying group says finance companies are already fleeing Britain.
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