Relocation, relocation, relocation: French trio prep Paris Brexodus

BNP Paribas, Crédit Agricole and Société Générale are making plans for the eventuality of a hard Brexit, in some cases putting swathes of bankers at risk of redundancy. Some DCM and sales teams have been asked to move, though each bank is taking a different approach as to who will need to be relocated to comply with EU regulations.

  • By Francesca Young, Jon Hay, Lewis McLellan
  • 08 Nov 2018

Crédit Agricole last week asked around 20 people from debt capital markets and sales to move from its London office to Paris in preparation for the possibility of a hard Brexit, according to sources familiar with the matter.

GlobalCapital understands that Crédit Agricole’s SSA DCM, central bank sales ...

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