London-based banks made reasonable progress on their relocation to the Eurozone

This conclusion was made by Sabine Lautenschlaeger, director at the European Central Bank, to an audience in Sydney. On Wednesday, Sabine Lautenschlaeger, European Central Bank director stated, the majority of London-based banks relocating to the Eurozone due to Brexit, have made “reasonable progress” in preparing the move. “We have urged and pushed them (banks) to…