LONDON—Regulators and government officials across Europe are trying to lure London finance companies ahead of Brexit, sparking a continentwide backroom bidding war. The sweeteners range from the promise of cheap rents to protection of bankers’ bonuses. “It’s like an auction,” says a lawyer advising several finance companies on their Brexit plans. The jockeying is fostering tension among European regulators and raising concerns that...
Source: Wall Street Journal July 06, 2017 09:22 UTC