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France – Banks to create 1,000 new jobs in Paris as part of plan to shift operations out of UK due to Brexit (Reuters)

24 July 2017

French bankers have pledged to create 1,000 jobs in Paris as part of a plan to shift their operations out of London once the UK leaves the EU, reports Reuters. The plan comes after a meeting between bankers and France's finance minister, Bruno Le Maire. Reuters states that despite efforts from France to attract London banks after Brexit, international banks so far have mostly chosen Frankfurt as their EU hub.