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The Independent UK
The Independent UK
Business
Karl Matchett

London suffers £10bn stock market hit as major firm to leave for the US

One of the UK’s leading financial firms is set to move its primary stock market listing to America, in another big blow to the London Stock Exchange.

Wise, formerly known as Transferwise, has a £10 billion market capitalisation and handled £145bn in cross-border transactions last year.

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