The Brexit Effect: Banking & Financial Services
Robert Walters & Vacancysoft
After more than forty years of moving towards ‘an ever- closer union’ nowhere are the complexities of Brexit laid more bare than within the financial services industry. With this, we have seen the following happen:
- Key European cities benefiting out of jobs being migrated include Zurich, Frankfurt, Paris, Dublin and Warsaw.
- Amongst the Bulge Firms, front and middle office roles were down 14% in 2018 compared to 2017. So far 2019 is continuing the same trend.
- Interestingly, among the American banks, what we also see is that while some jobs are migrating to the EU, many are moving back to New York.
To find out more about how Brexit is reshaping the UK financial services industry download this report, now!