Is London Destined To See The Big Banks Go?

Should the too-big-too-fail banks shift their headquarters from European countries intent on breaking them up or keen to regulate them to the point that they will be rendered uncompetitive? Bloomberg has an interesting opinion piece today about why Barclays and HSBC should move. With the Bank of England governor again banging on about splitting up the big banks and the UK’s Coalition government hinting that more levies on the banks are to come, it looks inevitable that the big boys may move.