FRANKFURT—Germany’s financial hub is taking an early lead in attracting banking businesses in anticipation of Britain exiting the European Union. Its main asset: It is predictable. Banks from Japan’s Nomura Holdings Inc. and Sumitomo Mitsui Financial Group to Citigroup Inc. are shifting some business to Frankfurt given the possibility that the U.K. will be left out of the single market once Brexit happens. This would leave banks in...
Source: Wall Street Journal July 19, 2017 11:03 UTC