30-01-2017 17:16 via news.yahoo.com

Germany talks to banks about Frankfurt move after Brexit

By John O'Donnell FRANKFURT (Reuters) - Germany's top regulators met about 50 envoys from foreign banks on Monday to explain how they could move business to Europe's biggest economy after Britain leaves the European Union, German financial watchdog Bafin said. Bafin, which has been approached by numerous banks in recent weeks, said it answered questions from the banks such as how to get a banking license in Germany. Peter Lutz, a Bafin official in charge of bank oversight, said the authorities w
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