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London intends to remain the heart of finance in Europe

“We will no longer follow the rules set by others. ” This is what the former British finance minister hammered out a year ago by outlining the City of London’s desire to rethink its financial services. For the EU, the movements of the world leader in currencies in 2019 (Bank for International Settlements (BIS), will be crucial in the coming months. With Catherine McGuinness, political chief of the City of London Corporation, in an interview with ., the tone is set this Wednesday:

“If you are looking to centralize your trading activities, you are more likely to think of London rather than the European Union. I suggest to our EU partners that, given the integration of our markets, do not harm London. is not necessarily to their advantage “, launched the official voice of the City.

The City of London, a future European Singapore among the leaders with New York and the Asian market? Catherine McGuinness does not in any case cede ground to the competitors …

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