Deutsche Bank to shift assets out of London, shrink UK operations after Brexit

The Financial Times on plans by DB to shifting large volumes of assets from London to Frankfurt after the UK's planned exit from the European Union

And the UK arm after Brexit will be reduced in size

For more

• FT is gated,
• but Reuters have a piece up ungated

I doubt there will be many expressing much surprise, a lot of firms will be making a shift of some if not all operations to Europe