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London’s Financial Crown at Risk as Rivals Eye Brexit Opportunities

By most measures, London rivals New York as the only true global city. But Britain’s vote to leave the European Union, so-called "Brexit", means the city could lose its right to sell services tariff-free across the bloc, risking its position as Europe’s financial headquarters. The prospect of leaving the European Union , and with it access to the prized single market of 500 million people, has sent shivers through the city of London. Already some banks, including global...

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