ECB's Lautenschlaeger: Most London-based banks fleeing Brexit have made reasonable progress

European Central Bank (ECB) Director Sabine Lautenschlaeger was on the wires earlier today, via Reuters, making some comments on the Brexit impact on the London-based banks.

Key Quotes:

"At present, most banks relocating to the Euro area have made reasonable progress in preparing their move."

"We have urged and pushed them (banks) to prepare for all potential outcomes of the political process."