EU referendum in U.K. as threat to banking business in London

Source: Bloomberg
© Scanpix/Reuters
Over past 15 years, more than 250 financial institutions concentrated their business in the City of London, however, their activity in Britain may be under threat if the country votes for leaving the EU in 2017. As announced, a lot of big banks may move their main European operations either to Paris or to Frankfurt after the year 2017. 84% of London banks support Britain in remaining the EU member.

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