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Augustin de Romanet: “We must better encourage household investment in business”

2024-02-18T14:20:19.346Z

Highlights: Augustin de Romanet: “We must better encourage household investment in business”. The boss of Paris Europlace pleads for tax and social harmonization in Europe, in order to create a single capital market. Over the past five years, at least 5,500 positions have been transferred from London to Paris, and the finance sector… This article is reserved for subscribers. You have 82% left to discover. Flash sale -70% on digital subscription I ENJOY IT Already subscribed? Log in.


INTERVIEW - The boss of Paris Europlace pleads for tax and social harmonization in Europe, in order to create a single capital market.


At the head of the Paris Europlace organization, Augustin de Romanet promotes the development of the Paris financial center, the big winner from Brexit, to the detriment of the City of London.

LE FIGARO.

- Three years after Brexit came into force, is Paris really the leading European financial center?

Augustin de Romanet.

- Paris has undoubtedly become the leading financial center on the continent.

We have in Paris the first market capitalization ahead of London, the first European bank, the first

asset manager in Europe, the first European

private equity

player

, the second European insurer.

Paris also has the largest European concentration of global groups, which, for investment banks, is very important.

We have the most sophisticated ecosystem in Europe, with lawyers, accountants, financiers, project finance companies.

Over the past five years, at least 5,500 positions have been transferred from London to Paris, and the finance sector…

This article is reserved for subscribers.

You have 82% left to discover.

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-70% on digital subscription

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Source: lefigaro

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