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Old 30.07.2018, 18:29
bowlie bowlie is offline
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Re: The Brexit referendum thread: potential consequences for GB, EU and the Brits in

Quote:
Deutsche Bank has moved a “large part” of its euro clearing activity to Frankfurt from London in a boost to the efforts of the eurozone’s top financial centre to lure business away from the City before Brexit.
I don’t think there are ‘efforts’ to lure businesses away from London. More like businesses in London trying to preserve their profits and executive bonuses.

And is it that unusual for Deutsche Bank to be consolidating in Germany? Somewhat like British Airways moving their HQ from Madrid to London.
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