Citigroup's post-Brexit trading hub to be operational in 2018
Citigroup wants to be ready in case UK leaves EU without trade deal or transition agreement
Citigroup is planning to have its new broker-dealer in Frankfurt up and running by year-end in case the UK exits the European Union with no trade deal or transition agreement in place.
The firm is talking to German regulators about moving some of its European customers' investment activities from London to Frankfurt in time for Britain's departure in March 2019, Citibank Europe head Zdenek Turek said in an interview.
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