UK’s Hammond confident London will remain global financial center: CNBC

LONDON (Reuters) – British finance minister Philip Hammond said on Monday he was confident London would remain a global financial center after Brexit, and that most international banks were planning to keep the vast majority of their London-based staff.

“EU business is only a fraction of London’s total business, and we’re very confident that the UK, London, will remain a global financial center,” Hammond said in an interview with CNBC during a visit to the United States.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.