Brexit may not lead to ‘new dominant location’ for European finance – Irish governor

Philip Lane, governor of the Central Bank of Ireland
Central Bank of Ireland

The UK's withdrawal from the European Union ('Brexit') will probably not lead to another city taking London's place as Europe's financial centre, the governor of Ireland's central bank said on October 28.

It was "unlikely that financial activity will cluster in a single location in the euro area, since no individual location offers a close substitute to London", Philip Lane told an audience in Dublin. It was "an open question" whether the decentralisation of European finance after Brexit "will

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account