FORGET passporting. A potentially bigger Brexit issue for the City will be immigration policy, according to the chief executive of Barclays.
Jes Staley said his bank has 3,000 EU nationals working in the UK and that he "would love to give, as soon as we can, certainty that… their position in the United Kingdom is secure".
"You could almost argue more important than passporting for the financial industry is the immigration policy," he said at the Prosperity UK conference yesterday.
(c) 2017 City A.M., source Newspaper