London to remain global financial center after Brexit - UK's Hammond

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Mon, 16 Oct 2017 - 06:57 GMT

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Mon, 16 Oct 2017 - 06:57 GMT

U.S. Treasury Secretary Steve Mnuchin (R) and Britain's Chancellor of the Exchequer, Philip Hammond arrive at G-20 finance ministers during the IMF/World Bank annual meetings in Washington - REUTERS

U.S. Treasury Secretary Steve Mnuchin (R) and Britain's Chancellor of the Exchequer, Philip Hammond arrive at G-20 finance ministers during the IMF/World Bank annual meetings in Washington - REUTERS

CAIRO - 16 October 2017: UK Chancellor of the Exchequer Philip Hammond on Monday said he is confident London would remain a global financial center.

"EU business is only a fraction of London's total business, and we're very confident that the UK, London, will remain a global financial center," Hammond said in an interview with CNBC during a visit to the United States.

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