City of London Stumbles Through First Week of Brexit
By Daniel Thomas, Stephen Morris, and Owen Walker
January 8, 2021, Financial Times
When veteran City dealmaker Rich Ricci returned to work on Monday, the consequences of a Brexit deal that largely excluded financial services were immediately felt across his different businesses.
Panmure Gordon, the UK-focused stockbroker he runs, was faced with restrictions on dealing with EU clients from London, while the stock exchange he part owns saw almost all euro-linked share dealing move to Paris on the first trading day since the UK left the EU single market.
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