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Wall Street banks plan move to eurozone on 'brexit' fears

18.08.14 @ 09:24

  1. By EUOBSERVER

Wall Street banks such as Bank of America, Citigroup and Morgan Stanley are drawing up preliminary plans to move some London-based activities to Ireland, reports the Financial Times. The move is a reaction to the eurozone’s banking union plans that could isolate Britain and force its exit from the EU.