"Daniele Nouy, head of supervision at the European Central Bank, said about 50 banks have discussed their Brexit business-relocation plans with authorities in the European Union.
Nouy said in Frankfurt on Tuesday that license applications from about 20 banks are in some stage of assessment by supervisors on the continent. “Maybe they have not signed the formal requirement,” she said, but they have made a “pretty comprehensive application that can be turned into a formal one very, very fast.”
International banks are working on plans to shift workers from the U.K. to the continent after Brexit to maintain access to the single market. Chief Executive Officer Sergio Ermotti has said UBS Group AG will start the process of moving London-based employees to expanded offices inside the EU early next year."
I didn't know there were fifty banks! However, they are all talking about moving, twenty to Frankfurt, starting early in the new year.
Farage fails to report 5 million gift!


Though really there's no need, I just did a copy and paste job. 