The chief executives of Aviva and HSBC are among those set to meet with Prime Minister Theresa May this week to discuss a post-Brexit trade deal for the financial services sector.

According to Sky News, May will meet with the chief executives to discuss how best to safeguard the British financial services industry.

Aviva chief executive Mark Wilson, Mark Tucker, chief executive of HSBC, Prudential chairman Paul Manduca and Richard Gnodde, chief executive of Goldman Sachs International are all expected to be in attendance alongside Chancellor Philip Hammond.

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Financial services figures are keen for a deal which is close to the current arrangements and which will allow them to trade across EU border.

Goldman Sachs, in particular, has been vocal about how the loss of passporting rights would affect the firm, which employs around 6,000 people in the UK. Chairman Lloyd Blankfein has also hinted at moving staff to Frankfurt and Paris.

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Michel Barnier, chief negotiator for the EU, has insisted there will not be a "special deal" for the City of London.

However, Hammond and Brexit secretary David Davis have argued a Brexit deal which forces fragmentation of the EU's financial services sector would pose a risk to financial stability.

Writing for German newspaper Frankfurter Allgemeine the pair said: "It makes no sense to either Germany or Britain to put in place unnecessary barriers to trade in goods and services that would only damage businesses and economic growth on both sides of the Channel."  

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