EXCLUSIVE GERMANY CALLS BANKERS TO FRANKFURT FOR BREXIT MOVE TALKS

POLITICIANS IN BERLIN ARE OPEN TO HAVING MORE BANKS IN FRANKFURT, SO LONG AS THEY ARE PROPERLY CONTROLLED.

MANY GERMANS ARE SKEPTICAL ABOUT THE PRACTICES OF LARGELY U.S. AND BRITISH INVESTMENT BANKS, THAT OFTEN RUN THEIR INTERNATIONAL OPERATIONS FROM LONDON.

Frankfurt looks set to be one of the biggest winners from any exodus from London, with several major investment banks said to be in talks to base people there.
German politicians, however, are increasingly pragmatic as banks in London search for alternative locations in the European Union to continue selling in the bloc once Britain leaves.
He predicts that 10,000 jobs will move to Frankfurt over five years, starting gradually in 2017 before gathering pace the following year, with investment banks among the early movers.

The meeting, the first such gathering of its kind in Germany, is being hosted by financial supervisor Bafin to cope with increasingly detailed inquiries from banks as Britain prepares to trigger EU divorce talks, people...

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