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"The
big question now is timing," James Bardrick, UK Country Officer
for Citi, which has 9,000 UK employees, told delegates at a
conference in London.
"How do we and when do we start making decisions...knowing the
plan is ready to go...it could be in the first quarter of 2017."
British Prime Minister Theresa May has said she would trigger
the process to leave the EU by the end of March, the first
indication of when negotiations might start.
The future of London as Europe's financial center will be a
major negotiating point in the talks, with banks keen to retain
the "passporting" rights which allow them to sell financial
services across the EU from London.
Last week, Bardrick said that jobs in London's financial sector
would move to countries inside the European Union after Britain
leaves the bloc, regardless of what deal is struck on access to
the EU financial services market.
(Reporting By Anjuli Davies, editing by Andrew Macaskill)
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