Investment Banking
Paris won the race for banking jobs after Brexit. What’s next?
France’s capital beat out other cities to become international banks’ new EU hubs after the UK left the bloc. But now it is facing growing pains, including a fight for local talent and infrastructure challenges
Frankfurt was ready to celebrate.
Only a year after the 2016 Brexit referendum, the vast majority of US banks had set up their EU hubs in the German city. International school places were being block-booked ahead of relocations from the UK and property prices were rocketing.
