British finance minister to meet bank bosses on Brexit gameplan

LONDON (Sept 7): Top British bankers will tell finance minister Philip Hammond on Wednesday to give them a clearer idea of what the country's divorce from the European Union will mean for them when they hold their first meeting since the Brexit vote.

Hammond is to meet with executives from major banks and insurers, including Barclays, HSBC and Standard Life Santander UK, the British arm of Spain's Banco Santander, according to sources.

Britain's financial sector employs 2.2 million people and its executives say the industry deserves to be a priority in the Brexit negotiations because it is the country's largest exporter and accounts for about 12 percent of its tax revenues.

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