London Retains Global Finance Throne Amid Brexit Chaos

London Retains Global Finance Throne Amid Brexit Chaos
A general view of London is seen from the construction site of 22 Bishopsgate in London, Britain June 25, 2019. Hannah McKay/Reuters
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LONDON—From the pinnacle of the City of London’s largest skyscraper, Stuart Lipton is wagering a $1.2 billion bet that the British capital remains a master of the international financial universe no matter what happens with Brexit.

The 76-year-old property developer is not alone. Bankrolled by a host of global investors, including France’s Axa, his big-ticket gamble in London’s financial district is—so far—on the money.