London Is No Longer Europe’s Financial Center Because of Brexit, Euronext Boss Says
- Listings outside of London now the ‘new normal’: Boujnah
- Comments follow Paris market cap briefly exceeding London’s
This article is for subscribers only.
The boss of Europe’s largest exchange group took a swipe at the UK capital, saying Brexit means it is no longer Europe’s dominant financial center.
“London used to be the largest financial center of the European Union, and everybody liked it,” Euronext NV Chief Executive Stephane Boujnah told Bloomberg Television, “Today, London is the largest financial center of the United Kingdom.”