Kommentera Detta inlägg post publicerades ursprungligen på denna sida this site ; City firms revealed in the final months of 2020 that they planned to shift nearly £100bn in assets to the EU, taking the total value of assets lost to the bloc since the Brexit vote to £1.3 trillion, according to a new survey. It forced companies to move staff and assets to the continent in order to continue serving EU customers. According to EY’s latest Brexit tracker, which covered the period from October 2020 to February, firms have shifted or declared plans to move approximately £500bn worth of those assets in the last two years alone. Goldman Sachs was among them, having shifted around $40bn-$60bn (£29bn-£43bn) worth of assets to its Frankfurt operations at the end of 2020. It has also emerged that JP Morgan Chase was planning to relocate €200bn (£173bn) worth of assets to Germany as part of its own Brexit preparations.
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