Business
Commonwealth Bank of Australia to move European HQ out of London – The Guardian
Relocation to Amsterdam will give better access to European markets ‘regardless of Brexit outcome’
Commonwealth Bank of Australia has said it will move its European headquarters from London to Amsterdam in the coming months after Britains departure from the EU.
The departure comes despite declarations by the UKs prime minister, Boris Johnson, that the British economy would thrive with an Australian-style trade deal with the EU, which many describe as a euphemism for a no-deal crash out of the bloc.
Expected to be operational in the first half of 2021, the new Dutch office will help CBA to continue…
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