In addition to lobbying Bankers to relocate to Paris, President Macron is promising to overhaul the labor market, simplify the French tax and pension systems, while paring back regulations he says hamper innovation.
A delegation from Paris Europlace, together with Christian Noyer, the former French central bank governor, will travel to the United States on May 22 and May 23 to try to persuade the financial industry there to choose Paris as their European base. Europlace had already held about 100 meetings with large international banks as well as asset management, investment, insurance and fintech companies in London, New York, Shanghai and Tokyo, it said in March. "Lots of banks have been waiting for the results of the election before making a decision on relocation plans and Macron's election will give a boost for the choice of Paris," said de Bresson.
http://www.reuters.com/article/us-france-election-banks-idUSKBN18410K?il=0