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Banks to London staff: no panic as Britain launches EU divorce process

From reuters.com

Banks in Britain have tried to reassure their London staff over possible Brexit disruption, including a shift in jobs to continental Europe, as Prime Minister Theresa May triggered formal EU divorce proceedings on Wednesday. Investments banks Goldman Sachs and Nomura were among those who sent messages to employees in London, Europe's biggest financial center, as they work out how to keep serving clients across the European Union after Britain leaves the bloc. Morgan Stanley also informed employees in Europe that no decisions had yet been made on changes for when Britain departs, leaving the EU with 27 member states. ... (full story)

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