As soon as the vote in favor of Brexit, in 2016, European capitals began to polish their weapons to attract financial activities from the City, which would no longer be able to remain based in a country outside the single market.
Read also:
Fog over the City after Brexit
“Recruitment has dried up in London. The priority has been to strengthen the teams on the continent. The Europeans have had a rather mixed approach on how to try to recover business. The French carried out a very commercial campaign, while they were less successful than the Germans, ”
says Stéphane Rambosson, president of Vici Advisory, head hunter based in London.
In this little game, Luxembourg and Dublin are taking the lion's share, in terms of staff and amounts transferred, ahead of Paris and Frankfurt, then Amsterdam, Milan or Madrid.
Asset manager Chenavari still has 80 employees in the British capital, compared to around 20 in Luxembourg.
Its president, Loïc Féry, is considering developing in Paris, in anticipation
This article is for subscribers only.
You have 67% left to discover.
Subscribe: 1 € the first month
Can be canceled at any time
I ENJOY IT
Already subscribed?
Log in