Barclays to move UK jobs to Frankfurt ahead of Brexit
Between 40 and 50 London investment banking roles are to shift to Germany
Barclays is to shift between 40 and 50 investment banking jobs from London to Frankfurt as it prepares for Britain’s exit from the EU.
Previously, the bank, which employs 48,700 people in the UK, said it would be expanding its operations in Dublin by 150-200 jobs, making Ireland its base for continuing to trade within the EU.
Source: The Guardian