Quote Originally Posted by RandBlade View Post
Hopefully clearing will be sorted, but there's a difference of course between trillions in assets nominally changing jurisdictions and billions or trillions in taxes doing so. Many companies seem to have set up a glorified PO Box in Europe for holding the assets while keeping the jobs and real work in London so it will be interesting to see as time goes on how that affects taxation.

I like the logic in the article that, far from being so big that financial services needed dealing with, that financial services are 'big enough to look after themselves'. The simple reality is that financial services are so big and so global that its important London is a rule setter not a rule taker. Hence its not as simple as "agree a deal".
You seem to forget that the rules set in case the City survives, will not be decided in Westminster.