Possibility the ECB may try to force Euro-clearing into Europe likely after Brexit
A move by Europe to reclaim Euro-swaps
clearing from London-based firms in response to the Brexit vote
would hike the cost of doing business and could lead to a
"trade war" between the world’s top financial
centres, experts have predicted.
The shock Brexit vote on Friday has
prompted speculation the European Central Bank could seek to
re-enact a failed 2015 attempt to force clearing of
Euro-denominated products to take place within the
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