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Without being "I told you so" about it. This is inevitable. They will all retain a presence in the City but if they don't have a presence in the EU then they'll be quickly going about getting one otherwise they won't be able to do business there. The question then is how much transfers from London to Frankfurt etc but I don't think anyone knows that yet, including the banks themselves and it'll be a fairly organic process.
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the night brexit vote came in
top city guy said what have the ****S done |
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We are leaving the building guys. Time for us all to work together and make ourselves a great nation.
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^ my gaffer has spoken.
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