Authorities say institutions including ‘an American bank’ have agreed to move some operations to the Irish captial ahead of Brexit

Irish authorities have said they have clinched deals with “more than a dozen” London-based banks and finance houses to move some of their operations to Dublin in preparation for Brexit.

As Dublin continues to battle with Frankfurt, Luxembourg and Paris for the Brexit spoils, the head of international financial services at Ireland’s Industrial Development Authority said definitive decisions had now been taken on an Irish location by these firms.

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