Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/189900
Authors: 
Schenk, Catherine R.
Year of Publication: 
2018
Series/Report no.: 
IBF Paper Series 03-18
Abstract: 
Brexit poses an existential challenge the City of London as a European and global financial centre. The withdrawal of 'passporting' threatens the ability of financial institutions in London to sell services to customers in the EU, and this has prompted many predictions of London's financial demise. Banks are considering relocating staff and activities to other European centres such as Frankfurt, Dublin or Paris. Reflecting on London's history offers some insights into how The City might respond to this new challenge.
JEL: 
G15
G18
N24
N44
Document Type: 
Working Paper
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