LONDON, 20 Jan. - (ANA) - Brexit prompted some 50 entities, almost 2,500 financial jobs, and “at least €170 billion (£150 billion) in assets” to move from the UK to France by the end of 2020, French central bank governor Francois Villeroy de Galhau told press on Tuesday.

 

The exodus came "despite the pandemic", he noted. "Other relocations are expected and should increase over the course of this year," he said, while calling for a new "union of capital markets".

 

As European capitals scramble to attract businesses that want to remain active in the 19-nation eurozone, Francois Villeroy de Galhau said that “almost 2,500 jobs have already been transferred” and “around 50 British entities have authorised the relocation of at least €170 billion in assets to France at the end of 2020”.  - (ANA) -

 

AB/ANA/20 January 2021 - - -