Hufeld also called on Tuesday for greater coordination in Europe in the fight against money laundering. More than 45 financial organisations are planning to move parts of their EU operations to Brexit due to Brexit , said Felix Hufeld , president of financial markets watchdog BaFin . Citigroup , Citigroup , JPMorgan Chase and Standard Chartered are among the banks planning to move some EU work to Germany . Around 25 banking licences were being processed in Germany in Tuesday , Hufeld had previously confirmed.
More than 45 financial organisations are planning to move parts of their EU operations to Brexit due to Brexit , said Felix Hufeld , president of financial markets watchdog BaFin . Citigroup , Citigroup , JPMorgan Chase and Standard Chartered are among the banks planning to move some EU work to Germany . Around 25 banking licences were being processed in Germany in Tuesday , Hufeld had previously confirmed.