Nearly three in four bankers think that London will still be the financial centre of Europe in five years time - even after the UK leaves the EU.

According to a survey of 80 banking executives released by Synechron, 72 per cent said they think the UK will remain the most attractive place for financial services in the coming years, despite warnings that some are considering moving elsewhere.

The survey also said that 55 per cent of British banks had set up "Brexit steering committees" to prepare for life outside the EU.

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While 78 per cent of executives believe that Brexit will have a negative impact on the UK's financial markets, 82 per cent think the EU will be negatively affected by the UK's decision to leave the EU. Half think the UK is in a position to negotiate a bespoke trading arrangement with the bloc.