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.
London and Brussels have described reports in the British press of a deal on financial services as "speculation" and as "misleading." The UK is also launching a new crime center to crack down on money-laundering.
The video shows "Frank Furt" flirting with a young woman to advertise the benefits of living and working in the city. Frankfurt wants to attract finance companies based in London for the post-Brexit era.
"Overpriced" and scarce real estate in Germany's largest cities are deterring investors, according to a consultants' study. Instead, they're turning to Lisbon and London — despite Brexit.
One of the UK's oldest banks is following the trend to relocate operations across several European locations after Brexit. It is no longer a choice between Frankfurt, Paris or Dublin that bankers in London are mulling.
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