JP Morgan And HSBC Are Throwing Brexit Plans.
JP Morgan's CEO Jamie Dimon said on Tuesday that the bank would probably use Frankfurt as a legal residence for their European business after a Brexit, but services may be placed elsewhere.
"We will probably use the Frankfurt bank, then we will have licenses there," Dimon said at a Paris conference. "
But the employees can be in Paris, the Netherlands or Madrid ... We have not decided yet, we are here (at the press conference) to talk with people. "
Even HSBC has commented on Brexit during the day
HSBC confirms that 1 000 jobs are transferred to Paris as part of their brexit plans. It stated the company's CEO Stuart Gulliver, according to CNBC.
However, Stuart Gulliver added that the plan applies to a tough Brexit, which is expected by the big bank. If, on the other hand, a soft Brexit does not necessarily mean moving 1 000 jobs out of Britain, according to the bank manager.
I'm glad the UK got its independence back
Sorry but the Brexit was the dumbest decision ever made.
-Everyone is stronger together.
-If you have questions ask someone else.
-If you need help just ask someone else.
Doing your stuff alone is just dumb.
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