UK's Hammond confident London will remain global financial center: CNBC
Reuters
Published Oct 16, 2017 10:58AM ET
UK's Hammond confident London will remain global financial center: CNBC
LONDON (Reuters) - British finance minister Philip Hammond said on Monday he was confident London would remain a global financial center after Brexit, and that most international banks were planning to keep the vast majority of their London-based staff.
"EU business is only a fraction of London's total business, and we're very confident that the UK, London, will remain a global financial center," Hammond said in an interview with CNBC during a visit to the United States.
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Written By: Reuters
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