View more on these topics

French financial regulator in advanced talks to lure UK banks


Major banks are in advanced stages of planning move some of their operations from London to Paris, according to France’s financial regulator.

Benoit de Juvigny told the BBC’s Newsnight programme that “large international banks” have carried out due diligence on setting up subsidiaries in Paris, with with many other companies holding informal talks

Eight global financial centres are said to by vying for business from UK-based financial services firms owing to uncertainty about whether passporting rights can be maintained post-Brexit.

De Juvigny said the French regulator would likely expand to cope with a potential influx of companies.

But he warned about regulators competing to attract banks. He said: “The danger is the race that we could have for a more lenient regulation with a more lenient regulator.”



Trump vs Brexit: The looming questions for investors

The investment industry is adjusting to a “new normal” following the shock election of Donald Trump as US president. Fund groups are still digesting what the outcome of the US election means for global market dynamics and whether we are headed for a revolutionary style of politics from the world’s largest economy. Despite initial concerns, […]


Italy vote compounds problems for ailing banks

Markets have had a muted response to Italy’s referendum result which rejected prime minister Matteo Renzi’s constitutional reform plans that would have diluted the power of the Senate. Renzi resigned last night as the results showed 59 per cent of the electorate voted against the measures. As at 9.30am, the euro was at $1.0634, a fall […]

In search of value? Banks and the sectors leading Europe’s recovery

By Rob Burnett, head of European equities, Neptune  After nine years of underperformance versus quality growth, Rob Burnett, manager of the Neptune European Opportunities Fund, believes that value strategies have reached an inflection point. Watch Rob discuss why he believes value is well positioned to resume its historical trend of outperformance. Click here to watch […]

Investment clock economic update

In the latest Investment Clock economic update, Ian Kernohan, Senior Economist at Royal London Asset Management, discusses the implications of the US Federal Reserve’s recent hike in interest rates and upcoming French presidential election. The value of investments and the income from them is not guaranteed and may go down as well as up and […]


News and expert analysis straight to your inbox

Sign up


There is one comment at the moment, we would love to hear your opinion too.

  1. And contrary to common perception English is now widely (and well) spoken in France.

    I wonder how many of our Brexit politicians can speak French as well as M Barnier can speak English?

Leave a comment


Why register with Money Marketing ?

Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

News & analysis delivered directly to your inbox
Register today to receive our range of news alerts including daily and weekly briefings

Money Marketing Events
Be the first to hear about our industry leading conferences, awards, roundtables and more.

Research and insight
Take part in and see the results of Money Marketing's flagship investigations into industry trends.

Have your say
Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

Register now

Having problems?

Contact us on +44 (0)20 7292 3712

Lines are open Monday to Friday 9:00am -5.00pm