Daniel Rosenberg and Ashwin Pillay write for the Evening Standard on leading banks ramping up their UK operations
Some in the market may claim that London is not as attractive a place to do business and seek investment as it once was, but Daniel Rosenberg, Partner, and Ashwin Pillay, Senior Associate - both in our corporate team - argue that this is not quite the case.
In an article for the Evening Standard, they explain why recent news now calls this claim into question.
They point out that a number of leading banks, including JP Morgan, CIBC and HSBC Innovation Banking, have just announced plans to increase their UK operations to take advantage of the UK’s fast growing innovation economy (including the tech, life sciences and climate tech sectors).
The UK has faced its own challenges in recent years, they continue, but this development shows that the collapse of SVB has led other major bankers into this exciting part of the market.
Read their full piece in the Evening Standard here.