UK-based banks should brace for moving some units to EU - Bundesbank

LONDON (Reuters) - Banks based in Britain will probably have to move some operations to the European Union to preserve market access after Britain leaves the EU, because any replacement for the current setup will be imperfect and risky, Bundesbank board member Andreas Dombret said on Friday.

from Reuters: Top News http://uk.reuters.com/article/uk-brexit-banks-bundesbank-idUKKBN1630V0?feedType=RSS&feedName=topNews