After the Brexit referendum, there were concerns that the exit would reduce access to markets, talent, passporting powers and funding for U.K. SMEs. The fear was compounded by moves by other European cities to present their readiness to accept Fintech startups to leave the U.K.
Paris Europlace, which promotes French finance plans, chose to travel to London to entice financial firms and professionals. Also, the French government agency, Business France, also distributed leaflets to promote the benefits of working and living in Paris.
In Germany, Frankfurt city officials set up a specialist hotline for banks that want to discuss moving operations outside of the U.K.
https://www.cryptocoinsnews.com/uk-still-world-leader-fintech/
Topic: [2016-08-16] UK Is Still a World Leader for Fintech (Read 236 times)
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