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Moving to Frankfurt after Brexit could be a squeeze for banks

Financiers seeking new digs inside the European Union face tough building codes and a shortage of space

Wednesday 26 October 2016 at 16:41

Moving to Frankfurt after Brexit could be a squeeze for banks

London banks, ready to move here when Britain quits the European Union? Mind the Arbeitsstättenverordnung.

That's Germany's strict office building regulation, which, among other things, prescribes a minimum of one square metre of window for every 10 of floor space, and mandates that all desks enjoy natural light. As a consequence, many buildings are shaped like doughnuts.