ING Groep, which consolidated trading jobs from Amsterdam and Brussels to London in 2016, faces pressure from the European Central Bank to return them to continental Europe, daily Het Financial Dagblad reported on Monday, citing sources familiar with negotiations between the bank and the regulator.

The Dutch bank, which surprised many with a decision to move the jobs in bonds and currency trading to London against prevailing trends, could not immediately be reached for comment.

ECB regulators were worried that when Britain exits the European Union, some traders at the bank, which is considered systematically important, would be left with no access to European financial markets, the Financial Dagblad report added.

Regulators see the concentration of the bank's risk managers in London as an additional problem, the paper reported.

Sign up to our free newsletters

Get the best updates straight to your inbox:
Please select at least one mailing list.

You can unsubscribe at any time by clicking the link in the footer of our emails. We use Mailchimp as our marketing platform. By subscribing, you acknowledge that your information will be transferred to Mailchimp for processing.