Federal Trust's Bishop: VIDEO: Will the City Lose Its Euro Clearing Business?
01 November 2022
In this Federal Trust video, the financial analyst Graham Bishop and the Chairman of the Trust, John Stevens, discuss the likelihood and the significance of the City of London losing its approximately €100 trillion Euro derivatives clearing business to the Eurozone by 2025.
Among other
implications, the loss of its status as the main Euro clearing centre
might also put in jeopardy its role as the leading global US Dollar hub.
© Federal Trust