Saturday Banks: Financieele Dagblad and Mr Dijsselbloem

saturday banks: I expect there will be a lot of movement, Mr Dijsselbloem -- Dutch finance minister and president of the group of 19 countries that share the euro -- told the Financieele Dagblad daily in an interview published Saturday, according to Nine News Australia. Banks will not completely move out from London but there will be a makeover of their activities, which will be parcelled out to various cities, he said. AFP Financial activities that today are clustered in London will migrate to other European countries post-Brexit, but there will be no single hub to replace the City, senior EU figure Jeroen Dijsselbloem said. There wont be a new City. On Tuesday, Mr Dijsselbloem warned London could not expect to remain Europe financial capital if Britain refused to follow EU regulations. Mr Dijsselbloem added that Amsterdam certainly has a role pointing to its advantageous position at the crossroads of northern Europe. (news.financializer.com). As reported in the news.