UK and Switzerland agree to deepen ties between City and Swiss banking system
by Phillip Inman from on (#6H9KX)
Treasury says post-Brexit tie-up to be signed on Thursday will ease cross-border market access for financial services
The UK and Switzerland will agree to forge closer links on Thursday in a post-Brexit accord that aims to deepen ties between the City and the Swiss banking system.
In a move that brings Europe's largest financial centres closer together, the mutual recognition agreement will be signed on Thursday by the chancellor, Jeremy Hunt, during a visit to Berne.
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