Int'l Banks Agree to Help London Retain Position of World Financial Hub

© REUTERS / Russell BoyceTraders from BGC, a global brokerage company in London's Canary Wharf financial centre react as European stock markets open early June 24, 2016 after Britain voted to leave the European Union in the EU BREXIT referendum.
Traders from BGC, a global brokerage company in London's Canary Wharf financial centre react as European stock markets open early June 24, 2016 after Britain voted to leave the European Union in the EU BREXIT referendum. - Sputnik International
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UK's Chancellor of the Exchequer George Osborne and leaders of international investment banks agreed to help London maintain its role of the world financial center, according to a joint statement issued on Thursday.

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MOSCOW (Sputnik) — The meeting was attended by senior executives of Standard Chartered, Goldman Sachs International, Bank of America Merrill Lynch, Morgan Stanley International and JP Morgan.

"Britain’s decision to leave the EU clearly presents economic challenges which we are determined to work together to meet. We will also work together to identify the new opportunities that may now become available so that Britain remains one of the most attractive places in the world to do business…. Today we met and agreed that we would work together to build on all this with a common aim to help London retain its position as the leading international financial centre," the statement reads.

On June 23, the United Kingdom held a referendum to determine whether or not the country should leave the European Union. According to the final results, 51.9 percent of voters, or 17.4 million people, decided to support Brexit, while about 16.1 million opposed it.

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