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At least 12 banks are moving operations from London to Dublin after Brexit





Dublin, Ireland

LONDON — The exodus has begun.

Irish authorities have clinched deals with more than a dozen London-based banks to move part of their operations to Dublin in preparation for Brexit, according to a Guardian report.

Kieran Donoghue, the head of international financial services at Ireland’s Industrial Development Authority, said the firms had made definitive decisions to move to Ireland in order to maintain an EU base after the UK exits the bloc.

Donoghue said that these included more than one American bank, with firms sizing up offices ranging from 10 to 1,000 staff.

He told the Guardian: “More than a dozen across the read more >>>

Source:: BusinessInsider.Com

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