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They still need to choose a location for conducting securities business in the region should the U.K.’s exit make London a more difficult place to perform certain services for European customers, such as underwriting and derivatives. [...]
“There’s enough space for the foreseeable future and the language and quality of living are probably supportive,” said Robin Van Den Broek, a bank analyst at Mediobanca SpA in London. Even if the anti-European party led by Geert Wilders wins seats, it won’t find coalition partners willing to form a government, he said. [...]
MUFG, Japan’s biggest bank, sought to build its Amsterdam offices even before Brexit became a reality because it wanted the city to serve as a hub for operations on the European continent. Three of the lender’s European offices started reporting to Amsterdam last year and it plans to do the same for eight more including Germany, Spain and Portugal in the year starting April 1, Naoki Mizoguchi, Tokyo-based chief manager of the global planning division, said in an interview. [...]