Paris seeks to lure London's top talent as Brexit looms

Brexit-driven relocation

UK financial workers are being targeted by French firms who will entice them to relocate to Paris, ahead of the UK officially exiting the European Union.

According to Bloomberg, the capital city is looking to lure as many as 20,000 workers away from London as the city competes with Frankfurt and Dublin for top financial talent. Several firms such as HSBC and Citigroup have already indicated they are looking to move some staff away from London following the Brexit vote in June last year. Paris is already home to the region's biggest bond market and has the second-largest population of asset managers. It also employs over 180,000 people in finance compared to less than 100,000 in Frankfurt and 30,000 in Dublin. M&G's Woolnough: UK ...