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Brexit

Citi and Deutsche bosses shed more light on Brexit plans

It has been a good week for Frankfurt in its efforts to become the financial hub of choice after Brexit

John Cryan, chief executive officer of Deutsche Bank
John Cryan, chief executive officer of Deutsche Bank Photo: Getty Images

Top executives at Citigroup and Deutsche Bank have given thousands of their staff more details on their plans to shift jobs and grow operations in the European Union once the UK leaves the bloc.

Citigroup has confirmed Frankfurt is its preferred base for a broker-dealer within the EU, as reported by FN on July 18.

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