Monday June 1, 2020

Dublin loses out on Japanese Brexit investments

Central Bank warns on 'lowering of standards' in race for post-Brexit business

22nd June, 2017
Frankfurt favoured as finance firms leave London. Pic: Getty

Bloomberg quoted people with knowledge of the matter as saying that Nomura Holdings had chosen the German city as the headquarters for its EU operations after Britain leaves.

Smaller rival Daiwa Securities also said it would establish a subsidiary there to continue to service clients in the EU after Brexit.

While Nomura had not been reported to be considering Dublin, Daiwa’s chief executive was quoted as saying in April that it was considering Dublin and...

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