Frankfurt is well placed to benefit from the Brexit fallout, which could see a fifth of London's finance jobs shifted from the UK capital, according to a survey by the Boston Consulting Group.

The consultant conducted its survey in June, ahead of the June 23 UK referendum on EU membership, and asked roughly 360 leading bankers from the UK, France, the US and Germany what alternatives there were to London as a base in the event of a vote to leave the EU.