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How Brexit could alter London, the world’s banker

May 12, 2017
The New York Times /

For centuries, London has functioned as a critical artery for the flow of money around the world. From Canary Wharf to the City of London, it now comprises one of the greatest concentrations of financial companies on earth. But a large piece of London’s banking business depends on its inclusion in the European Union. Britain is now moving to exit the union, jeopardizing its status as a leading global financial center.