Cartus, the Market Leader in Global Mobility, Weighs in on Brexit in a New York Times Article
As the date for the UK leaving the EU approaches in a little over a month, uncertainty continues about what the next steps will be. Cartus was tapped to weigh in on the impact of Brexit on financial institutions, as Executive Senior Vice President, EMEA & APAC, David Pascoe, recently spoke with The New York Times in an article, For Wall Street Banks in London, It’s Moving Time.
Among the issues discussed in the article is that financial firms are relocating their staff from London to a variety of locations in the EU. While it is unclear what the full impact of Brexit will be on the strength of London as a financial powerhouse, and the British economy as whole, it is clear that international banks are going to look outside of London to do business.
Be sure to read this interesting article in The New York Times, and, for further information on Brexit, visit the Cartus blog for recent posts.