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Bank Leumi chief says London is still financial capital despite Brexit

Eli Katzav believes London will continue to be significant, even after Article 50 is triggered

October 3, 2016 14:37
Eli Katzav, CEO Bank Leumi (UK)

By

Lianne Kolirin ,

Lianne Kolirin

1 min read

London remains a “significant global financial centre” even after Brexit, according to the UK arm of the Israeli financial institution Bank Leumi.

At a Rosh Hashanah party for the bank’s clients, partners and associates on Wednesday night, Eli Katzav, CEO of Bank Leumi (UK), underlined the continued importance of the British capital as a financial centre in the world.

Following the referendum on EU membership in June, Mr Katzav told the 400-strong crowd that he firmly believes “in the strength of the UK economy”.

“London will continue to be a significant global financial centre, even after Article 50 is triggered and a new agreement with the EU achieved,” he added.

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