Obviously some things moved, mostly because of regulatory requirements. But this was overall kept to a minimum and London is as strong as ever as financial centre, stronger even [1] [2].
Similarly, my guess is that in 4 years Europe will still be a distant 3rd and not much will have changed, not least because whatever is happening now in the US has much less long term impact than Brexit (everything can change in 4 years) and I don't see Europe suddenly changing drastically.
mytailorisrich•2h ago
niemandhier•1h ago
Winner is Dublin, followed by, Paris, Amsterdam, Frankfurt.
10% of assets were moved out of the UK.
Ironically things would have been much worse if not for Covid. The COVID slump in economy kept the EU from fully nuking the UK banking sector.
https://www.newfinancial.org/reports/brexit-%26-the-city%3A-...
mytailorisrich•1h ago
Similarly, my guess is that in 4 years Europe will still be a distant 3rd and not much will have changed, not least because whatever is happening now in the US has much less long term impact than Brexit (everything can change in 4 years) and I don't see Europe suddenly changing drastically.
[1] https://en.wikipedia.org/wiki/Global_Financial_Centres_Index
[2] https://dealroom.co/guides/europe