Editorial: Location, location, location

Author: | Published: 24 Aug 2017

There's a new kid on the block in the Brexit relocation game: Amsterdam. Japan's largest bank, Mitsubishi UFJ Financial Group, is rumoured to have chosen the Dutch capital as the new base for some of its EU investment business, as have RBS and a number of electronic trading operators.

The fact that Amsterdam appears in the relocation shortlist is surprising given that the Netherlands recently imposed a stricter cap on bonuses than those mandated under EU rules. And while the so-called financial services Brexodus has been going on for some months, with multiple banks and asset managers announcing relocation plans...