Brexit Vote Leads Lender Berlin Hyp to Postpone London ExpansionBy
Berlin Hyp AG has delayed plans to open an office in the U.K. capital after the Brexit vote.
“We have postponed the creation of an office in London until the modalities of the U.K.’s exit from the European Union have become clear and can be assessed,” the Pfandbrief bank said by e-mail. Berlin Hyp had 27.8 billion euros ($29.4 billion) of assets at the end of September compared with 28.5 billion euros at the end of last year…
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