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British PM Theresa May meets Wall Street banks to discuss post-Brexit investments

"What I really wanted to talk to you about tonight is just very simply to say this: Britain is open for business," May said. Photograph: (AFP)

WION New York, NY, United States Sep 20, 2016, 12.37 AM (IST)
In an attempt to reassure investors after Brexit, British Prime Minister Theresa May met Wall Street finance leaders on Monday to discuss the consequences of the vote.

She met officials from Goldman Sachs, Morgan Stanley and other banks discussing investments for a post-Brexit Europe.

"Every working day in the United Kingdom one million people wake up and go to work for an American company. And every day in the United States one million people wake up and go to work for a UK company," May told the business leaders.

"So you see there is reciprocity," said May, who is in New York to attend the United Nations General Assembly. "The UK is going to be out there. We will be looking ‎for business. And ladies and gentlemen, please feel free to invest in the UK."

May asked the business leaders what issue they wanted to be addressed in the Brexit negotiations. She expressed confidence that she would yield a good trade deal with the European Union. 

The United States is the largest single inward investor into Britain. Five of its largest banks have already started talks with European regulators about procedures for obtaining banking licenses and meeting capital requirements in EU countries post Britain's exit. 

London and Brussels are expected to conduct lengthy talks after May triggers the EU treaty's Article 50.

(WION with inputs from agencies)
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