JPMorgan's Paris Traders Are Only Part of the Threat to London

https://www.yahoo.com/now/jpmorgans-paris-traders-only-part-080005617.html

Participants

  • Dirk Schoenmaker
    Role: Faculty
    Reference type: Referenced

Media outlets

  • Yahoo! (Online)

Description

Dirk Schoenmaker, Professor of Banking and Finance at RSM, is quoted in this article about how Brexit is transforming the landscape of Europe’s finance industry.

Dirk Schoenmaker, Professor of Banking and Finance at RSM, is quoted in this article about how Brexit is transforming the landscape of Europe’s finance industry. But as we approach the first anniversary of Britain’s EU departure there’s a broader trend at play here, too — one that’s potentially more threatening to the City of London. While Paris is winning the fight for lucrative trading jobs, other places such as Frankfurt, Dublin and Amsterdam are emerging as EU financial hubs in their own right, just for different specialisms.