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Lobby Warns Against French Overtures To British Bankers

Law360, London (January 4, 2017, 5:27 PM GMT) -- A top London financial lobby hit back Wednesday at reported French efforts to poach as many as 20,000 jobs during Brexit, warning that the industry could leave Europe altogether if Britain loses its banking crown.

Miles Celic, chief executive of TheCityUK, responded to a widely reported campaign announced Tuesday by Europlace, a French financial lobby, to hoover up finance jobs as Britain quits the European Union and its regulatory framework.

“London is the leading global financial center as well as being Europe’s financial hub,” Celic said...
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