BlackRock commits to London for EMEA HQ post Brexit

Employs 3,000 people in UK

BlackRock has confirmed it will retain London as its European headquarters after the UK leaves the European Union next March, although its Amsterdam office will take on an "extended" role.

According to Reuters, the firm has said "only very few roles" will be relocated out of London following the move. The asset management giant employs around 3,000 people in the UK, three times more than its staff in continental Europe, and London is the firm's EMEA headquarters. T. Rowe Price splits European business ahead of Brexit However, in a statement, the firm said it had received "extended permissions" for its office in the Netherlands and has also received an AIFM licence in France. "As part of our strategy to grow our business across Europe and continue to deepen our pre...