Is Back-To-Back Booking Helping London After Brexit?

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  • 6 years ago
According to Business Insider, "European Central Bank reportedly wants to crack down on a practice known as "back-to-back" booking after Brexit. The process effectively sees banks and other institutions carry out business in one market, but book that activity in another." Financial Experts had previously thought that back-to-back booking would help London regain it's former European financial crown after the effects of Brexit.

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