POST-BREXIT UBS: Banking giant to move London jobs to Europe amidst uncertainty

London – VIJAY SHAH via KALYEENA MAKORTOFF and Independent The uncertainty about the political and economic ramifications of the United Kingdom’s exit from the European Union next year have set European businesses with operations in the UK on edge in the past year. Now Swiss banking giant UBS is the latest bank to doubt its ongoing presence in Britain after the withdrawal, with UK newspaper The Independent reporting recently that the bank is planning to move jobs from London to Germany. As talks between Britain’s prime minister Theresa May and the European Commission see trade deals and negotiations complicated and … Continue reading POST-BREXIT UBS: Banking giant to move London jobs to Europe amidst uncertainty