Has it been time for revenge for Paris? "Starting an international career in finance in Paris is now as promising as doing it in New York, London, Hong Kong or Singapore," said Matthieu Wiltz, head of market activities for continental Europe at JPMorgan France. This was not the case a few years ago." A change is taking place in Paris," said Cécile Ratcliffe, chief executive of Citigroup France.
Often perceived as less prestigious than its major international rivals and in particular than the City of London, the Parisian financial center is raising its head thanks to Brexit. Since the entry into force of this divorce in 2021, market activities relating to European securities (shares, bonds, currencies, etc.) can no longer be carried out in the United Kingdom.
Paris is one of the big winners of these transfers: it has attracted 5500 new financiers, lists Choose Paris Region, the agency promoting Île-de-France...
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