Brexit

Nearly 2,500 jobs and £150bn in assets moved to France post Brexit, Banque de France governor says

François Villeroy de Galhau's comments come as the UK and the European Union begin talks on a MoU for the financial services sector

Wednesday 20 January 2021 at 16:05

Nearly 2,500 jobs and £150bn in assets has moved to France post-Brexit, the governor of the country’s central bank said.

In a virtual address to France’s financial market on 19 January, a yearly tradition in which the governor of the central bank wishes the participants and the press a Happy New Year and lays out the challenges for the year ahead, François Villeroy de Galhau identified Brexit as one of the key challenges the Banque de France faces.