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Bank of America Preparing to 'Brexit' London
Posted: Tue Mar 14, 2017 3:49 pm
by Aho Old Guy
Bank of America eyeing new European Union base after Brexit
Bank of America views Dublin as its default destination for a new hub inside the European Union if Brexit means Britain loses easy access to the single market...
Banks, bracing for the worst, are set to start the process of moving operations into the EU within weeks of Prime Minster Theresa May triggering Brexit talks, which is scheduled to happen by the end of the month...
The level of interest from firms exploring a move to the Irish capital has been higher than anticipated, central bank deputy governor Cyril Roux said ... There’s a wide range of financial companies considering an Irish outpost. Besides banks including Barclays Plc and Standard Chartered Plc, trading platforms like currency venue LMAX Exchange and Bats Global Markets Inc.’s London unit are also on the list. Chicago-based derivatives behemoth CME Group Inc. has examined Dublin as it seeks to ensure its clearinghouse retains access to EU customers...
Also noted:
The bank will still maintain a large presence in London...
Sure. And, the check is in the mail, Righties want to improve healthcare, and I promise not to (use your imagination) ...
Re: Bank of America Preparing to 'Brexit' London
Posted: Tue Mar 14, 2017 4:36 pm
by Ibanez
Aho, are you in the Charlotte area?
Re: Bank of America Preparing to 'Brexit' London
Posted: Wed Mar 15, 2017 10:59 am
by Aho Old Guy
Ibanez wrote:Aho, are you in the Charlotte area?
Yah, mon.
I live across the river in the low-income side of the 'Mistake-by-the-Lake'
-- probably 90%+ of the year these days.
Re: Bank of America Preparing to 'Brexit' London
Posted: Wed Mar 15, 2017 11:02 am
by Ibanez
Aho Old Guy wrote:Ibanez wrote:Aho, are you in the Charlotte area?
Yah, mon.
I live across the river in the low-income side of the 'Mistake-by-the-Lake'
-- probably 90%+ of the year these days.
Cleveland is way up there. I live in across the border in SC and commute each day to uptown.
Re: Bank of America Preparing to 'Brexit' London
Posted: Wed Mar 15, 2017 11:22 am
by Aho Old Guy
Ibanez wrote:Aho Old Guy wrote:
Yah, mon.
I live across the river in the low-income side of the 'Mistake-by-the-Lake'
-- probably 90%+ of the year these days.
Cleveland is way up there. I live in across the border in SC and commute each day to uptown.
You've never been to Lincoln County, have you ?
Lincoln County Commissioner Infuriates Muslims: "Only Christian Prayers Allowed Here"
Needless to say, our 'Fearless Leaders' are not bastions of visionary public administration ...
Re: Bank of America Preparing to 'Brexit' London
Posted: Wed Mar 15, 2017 11:26 am
by Ibanez
I've only been in the area for a year. but I have DRIVEN through Lincoln County on my from Hickory.

Re: Bank of America Preparing to 'Brexit' London
Posted: Wed Mar 15, 2017 11:50 am
by Aho Old Guy
Drive-thru/fly-over ... pretty much different sides of the same coin
It will take some time but things are changing somewhat for the better. Too bad quality-of-life will be in the crapper by the time the County gets their act together (at least, on the east side).