Bankers quit London as Brexit relocations to EU step up By Reuters – Investing.com

Bankers quit London as Brexit relocations to EU step up By Reuters – Investing.com

By Pamela Barbaglia, Tommy Wilkes and Gwénaëlle Barzic

LONDON/PARIS (Reuters) - Investment banks are shifting more rainmakers out of London to financial centres across the European Union, accelerating the pace of moves after the pandemic and uncertainty over Britain's access to the bloc slowed relocations.

Morgan Stanley (NYSE:), Barclays (LON:) and Goldman Sachs (NYSE:) are among those moving senior bankers, according to sources at the lenders, as European regulators push banks to better staff their EU offices and travel restrictions ease. Local hiring has also increased.