London's status as a global financial centre dates back to the 16th century, when it became a hotbed of merchant banking. Photo: AFP

British-based banks planning for EU 'no' face lack of European office space

Global banks consider quitting London if Britain opts out of EU membership, but leaving the financial centre would be no simple task

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London's status as a global financial centre dates back to the 16th century, when it became a hotbed of merchant banking. Photo: AFP
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