Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Display:
Pretty funny, coming from the German Chamber of Commerce.

I used to be afew. I'm still not many.
by john_evans (john(dot)evans(dot)et(at)gmail(dot)com) on Wed Jan 16th, 2019 at 09:40:27 AM EST
[ Parent ]
Economics of a calculated risk!  :) Frankfurt stands to gain ...

London to lose $900 billion to Frankfurt due to Brexit, German finance group claims | CNBC - Dec. 4, 2018 |
Letter from London: City bankers' spouses block Brexodus | Politico - April 2018 |

City unites in call for urgent Brexit transition deal | Reuters  - 2 hrs ago |

LONDON (Reuters) - Britain must urgently come up with a new plan to avoid leaving the European Union without a deal in just over 70 days' time and destabilize markets, finance leaders said on Tuesday.

[...]

UK and EU regulators have set out contingency plans for a no-deal Brexit hitting parts of the financial market, but McGuinness said smaller firms would not be ready in time.

Continued uncertainty after Tuesday's vote will mean that banks, insurers and asset managers will press ahead with opening new hubs in the bloc by March.

"The result this evening does not change the outlook for the City," said Omar Ali, UK financial services leader at consultants EY.

Financial firms have already announced plans to move 800 billion pounds in assets from Britain due to Brexit, EY said.



Global Warming - distance between America and Europe is steadily increasing.
by Oui on Wed Jan 16th, 2019 at 09:59:48 AM EST
[ Parent ]
From your link:
A 52-year-old professor who teaches at one of London's most prestigious universities, and is married to a senior female banker, said he would find it difficult to leave London.

"I wouldn't have a problem moving per se, the challenge is finding a city that replicates London's main qualities: good jobs, great schools, plenty of real estate options, unrivalled public transport," he said.

Have they considered Frankfurt?
by gk (gk (gk quattro due due sette @gmail.com)) on Wed Jan 16th, 2019 at 10:04:36 AM EST
[ Parent ]
A divorce looming ... the personal side. ;)

Global Warming - distance between America and Europe is steadily increasing.
by Oui on Wed Jan 16th, 2019 at 10:12:15 AM EST
[ Parent ]
I should add <snark> to that. And laughable rather than funny.

Meaning I don't think the German C of C is in favour of a horrible end to the unending horror that is the euro.

I used to be afew. I'm still not many.

by john_evans (john(dot)evans(dot)et(at)gmail(dot)com) on Wed Jan 16th, 2019 at 02:51:51 PM EST
[ Parent ]
German banks and exporting austerity. Between corporate power of a reunited Germany and the former Prime Minister of tax haven Luxemburg, Jean-Claude Juncker, a lot of damage has been done to the European Union. Not the € per se.

Global Warming - distance between America and Europe is steadily increasing.
by Oui on Wed Jan 16th, 2019 at 03:18:41 PM EST
[ Parent ]

Display:

Top Diaries

Occasional Series