The 'Brexit' (Britain exit), as the prospect of Britain leaving the European Union is called, worries US bankers more and more. Who, now, are also preparing the countermoves. In the event of a British divorce from Brussels, the City's credit giants report, they are ready to move abroad. Where? In Paris, in Frankfurt or, more likely, in Dublin, for the advantages that Ireland offers them in terms of language, tax advantages and similar legislation.
London is therefore at great risk: in the last 15 years around 250 international banks, attracted by a single European market worth 16 trillion dollars, have consolidated their financial operations in the Old Continent in the City.
