Barclays CEO: Markets Impacted By Brexit Uncertainty

Barclays CEO: Markets Impacted By Brexit Uncertainty

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Business, Social Studies

University

Hard

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The transcript discusses the potential impact of Brexit on financial markets and Barclays. It highlights the uncertainty surrounding the vote and Barclays' stance, as expressed by their chairman, John McFarlane. The company is preparing for all outcomes, including a contingency plan, though they hope the UK remains in the EU. Concerns about other cities like Berlin or Paris overtaking London as a financial hub are also addressed, emphasizing London's historical significance and Barclays' commitment to maintaining its presence in key financial centers.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is Barclays' view on the potential outcome of the UK staying in the European Union?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What impact does the uncertainty of the Brexit vote have on financial markets?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What contingency plans does Barclays have in case Brexit occurs?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the potential shift of financial centers affect London according to the speaker?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the two financial centers mentioned that Barclays looks forward to maintaining a presence in?

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