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There is no denying that Brexit has promoted the growth of financial services in Europe and the emergence of new financial hubs in Frankfurt, Luxembourg, Paris and Dublin as companies make moves to ensure they have workable footprints in the EU after the UK finally bids a fond farewell.
Edward Wacher, Associate Partner at leading Executive Search firm Danos Associates* says, ‘it is our business to monitor all areas of the market and it seems that all the attention on Brexit has masked other contributing factors at play that would have impacted Europe’s growth regardless’. He considers four other keys factors:
1. Asia has been investing heavily in European assets
A Bloomberg report showed that China has bought or...
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