Big Banks Forego Patience as U.K. Ponders Brexit Deal

Big Banks Forego Patience as U.K. Ponders Brexit Deal

Assessment

Interactive Video

Business, Social Studies, Life Skills

University

Hard

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The transcript discusses banks' concerns about the lack of a clear government plan for Brexit, emphasizing the need for a strategy to address potential job relocations. It explores possible relocation cities like Frankfurt, Paris, and Dublin, highlighting the logistical challenges and economic factors involved. The conversation underscores the uncertainty banks face in choosing a new location, considering London's dominance in capital markets and the high cost of living.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are some potential cities that banks might consider for relocation?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges do banks face in moving staff from London to other cities?

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