Thiam: Brexit Passport Loss Risks 20% of London Volume

The video discusses the impact of Brexit on banks, highlighting job reductions in London and the limited effect of passporting issues. It explores the uncertainty surrounding Brexit's final form and its implications. The video also covers strategic relocations to Dublin, Luxembourg, and Poland as part of post-Brexit planning.

What was the initial stance of most banks regarding the Brexit referendum?

• They were neutral.

• They had no opinion.

• They supported leaving the EU.

• They supported remaining in the EU.

How much of the bank's volume in London is affected by passporting issues?

• 50 to 60%

• 30 to 40%

• 15 to 20%

• 5 to 10%

What is one of the main concerns regarding the future of Brexit?

• The exact date of Article 50 being triggered.

• The impact on global warming.

• The influence on Asian markets.

• The effect on the US economy.

Which city is being considered as a potential new financial hub post-Brexit?

• Berlin

• Madrid

• Paris

• Dublin

Which other locations, besides Dublin, are banks transferring jobs to post-Brexit?

• Frankfurt and Zurich

• Luxembourg and Wroclaw

• Amsterdam and Brussels

• Rome and Vienna