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Thread: Why britain should not worry about brexit-motivated bank relocations

  1. #1
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    Why britain should not worry about brexit-motivated bank relocations

    On April 26, 2017, some smarta*!se journalists wrote a Bloomberg piece – The Brexit Banker Exodus Gains Momentum – with some not-so fancy graphics purporting to display where the “U.K. banking careers may be headed” allegedly because Britain is to abandon the European Union. On May 9, 2017, the progressively horrible UK Guardian purchased in on the frenzy using its post – City banks could transfer at least 9,000 jobs from UK due to Brexit . And therefore it goes. Apparently, Deutsche Bank is “leading the threatened exodus”, adopted by JP Morgan and Goldman Sachs. All exemplars perhaps not! While the danger of of the ‘City' leaving London is now employed to frighten strohassi folks about Brexit, the truth is, in my own view, very diverse. I 'd be celebrating the cleaning up this infestation of unproductive enterprises, which remain one of the damaging legacies of Margaret Thatcher and, later, New Labour and its so-called ‘light contact regulation'.

  2. #2
    We're maybe not, it is all heat. London is the centre of the globe also it is going to stay that way.

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