Early post-Brexit observations on the City of London

Nicolas Véron (PIIE), William Wright (New Financial) and Nathan Sheets (PGIM Fixed Income)


January 27, 2021 9:00 AM to 10:00 AM EST
Virtual Event

Event Summary

The United Kingdom's exit from the European single market on January 1 was orderly in the financial sector, in contrast to logistical hiccups in the cross-border trade for goods. Even so, it was a watershed moment of transition from a decades-long period during which the City of London benefited more than most from advances in European integration. This session will provide an opportunity to take stock.

Joining this episode of Financial Statements were:


Nicolas Véron, Senior Fellow, Peterson Institute for International Economics (PIIE)


  • William Wright, Founder and Managing Director of New Financial in London
  • Nathan Sheets, Chief Economist and Head of Global Macroeconomic Research at PGIM Fixed Income


Financial Statements is a virtual event series hosted twice a month by Nicolas Véron that explores changes in the world of finance, encompassing themes of financial services regulation, corporate finance and governance, systemic fragility and crises, and structural changes driving business and policy trends in the financial sector.