Europe Won’t Need London Finance, France Says

London financial markets not critical for Europe, France says
France is maintaining its tough stance on Brexit negotiations

A commuter crosses Waterloo Bridge, in view of City of London skyscrapers, following Saturday night's terror attack, in London, U.K., on Monday, June 5, 2017. Police are stepping up drills and security on the streets as the challenge facing them continues to shift.Photographer: Luke MacGregor/Bloomberg

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By Mark Deen and Heather Harris (News)

February 1, 2018 at 8:09 AM UTC

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European companies will do just fine with reduced access to London’s financial markets after the U.K. leaves the European Union, France says, dismissing suggestions they may suffer.