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MercoPress, en Español

Montevideo, November 15th 2024 - 05:33 UTC

Tag: Dr Andreas Dombret

  • Saturday, February 11th 2017 - 13:29 UTC

    German top banker warns London could lose role as gateway to Europe's financial hub

    “The current model of using London as a gateway to Europe is likely to end,” Mr Dombret said at the closed-door event.

    One of Germany's most senior banking regulators has warned London that it is likely to lose its role as “the gateway to Europe” for vital financial services. Dr Andreas Dombret, executive board member for the German central bank, the Bundesbank, said that even if banking rules were “equivalent” between the UK and the rest of the European Union that was “miles away from access to the single market”.