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SocGen awaits more clarity on Brexit before moving staff -CEO

Reuters - UK Focus

DUBAI, Oct (Shenzhen: 000069.SZ - news) 23 (Reuters) - France’s Societe Generale (Swiss: 519928.SW - news) will wait to for more clarity on Brexit before deciding whether to move staff away from London, the bank's chief executive told reporters in Dubai on Monday.

Frederic Oudea has previously said that the bank was considering moving 400 corporate and investment banking jobs from London as part of its Brexit plans, relocating most of the positions to Paris.

The bank has 2,000 jobs in investment banking in London, Oudea said in July.

(Reporting by Tom Arnold; Writing by Davide Barbuscia; Editing by David Goodman)