The boss of BNY Mellon Investment Management has warned that the City is at risk of losing its edge as a financial services hub, claiming Brexit has made it more challenging to entice internationally-based professionals to London.
“It’s become much harder to attract global talent to the UK and, as a result, there is a risk that we lose the diversity of skills, backgrounds and knowledge that enhances the financial ecosystem,” Hanneke Smits told Financial News.
