Brexit: Visa could move jobs to continent, LSE-Deutsche Bourse London HQ at risk

From Finextra –

“The Brexit fallout continues, with concerns rising that Visa might move hundreds of jobs out of the UK, the London Stock Exchange's merger with Deutsche Bourse could be hampered, and the City's role running euro clearing is under threat.”

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Brexit: Possible Impacts on the UK Payments Market

Read what Chris Jones of PSE Consulting has to say about the potential impact of Brexit on UK consumer payments. In this Finextra blog post he provides some early thoughts on how the UK market may be affected, beginning with recent European regulation which will have to be untangled.

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Banks begin moving some operations out of Britain

From FT.com -

"Banks have already begun to take action to shift operations out of the UK, with the governor of France’s central bank warning on Saturday that Britain’s financial services were at risk of losing their right to operate across the EU."

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Are London banking job cuts in the pipeline?

Consultants working for leading strategy firms in London say that following the Brexit vote, banks have activated their contingency plans and that the London job cuts are about to come thick and fast.

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