London’s ‘Golden Age’ as Europe’s financial capital is over, says NatWest chair By Reuters – Investing.com

London’s ‘Golden Age’ as Europe’s financial capital is over, says NatWest chair By Reuters – Investing.com

By Huw Jones

LONDON (Reuters) - The City of London's 'Golden Age' as Europe's financial capital is over following Brexit, but it will remain a major and profitable centre, NatWest bank chairman Howard Davies said on Tuesday.

The City has been largely cut off from the EU since Britain's full departure on Dec. 31, 2020, with bankers and City officials not expecting any direct access to the bloc anytime soon.