Fantastic little article about the banks and how they feel about Brexit.
Like I've said countless times, there is so much legislation now and coming in the not to distant future to give us Passporting MiFID, TiSA, AIFMD to name a few, that mitigate so much of the problems.
it's not finance or banking that are the problems but other areas of the services.
http://www.cityam.com/255325/editors...european-hills
Like I've said countless times, there is so much legislation now and coming in the not to distant future to give us Passporting MiFID, TiSA, AIFMD to name a few, that mitigate so much of the problems.
it's not finance or banking that are the problems but other areas of the services.
http://www.cityam.com/255325/editors...european-hills
Quote:
“I spoke at a private dinner earlier this week, attended by senior figures from acrosss financial and professional services, and all agreed that London will still be the financial services capital of Europe in five, 10 and 15 years’ time. None of them were misty-eyed Brexiters, but all recognised the unique conditions that make the City so successful. Of course banks are considering a range of scenarios and options, but such moves should not be taken as a sign of imminent upheaval in the City.”
“I spoke at a private dinner earlier this week, attended by senior figures from acrosss financial and professional services, and all agreed that London will still be the financial services capital of Europe in five, 10 and 15 years’ time. None of them were misty-eyed Brexiters, but all recognised the unique conditions that make the City so successful. Of course banks are considering a range of scenarios and options, but such moves should not be taken as a sign of imminent upheaval in the City.”
