Barclays says it "cannot wait any longer" to implement its Brexit contingency plan
- "As we announced in 2017, Barclays will use our existing licensed EU-based bank subsidiary to continue to serve our clients within the EU beyond 29 March 2019, regardless of the outcome of Brexit"
- "Our preparations are well-advanced and we expect to be fully operational by 29 March 2019"
- move involves 5,000 clients
- amounts to around 15% of the bank's £1.2 trillion in total assets
Comes via the BBC, link for more