RBS to Take $3.8B Charge, Barclays Picks Dublin as EU Hub

The transcript discusses financial provisions set aside for mortgage investigations, highlighting the uncertainty surrounding negotiations with the DOJ. It addresses legacy issues faced by RBS and strategic moves like the Williams and Glen sale. The impact of Brexit on banking strategies is explored, with Barclays moving operations to Dublin. The uncertainty over passporting rights and the need for contingency plans are also discussed, as banks consider relocating jobs to cities like Frankfurt and Paris.

What amount has been set aside for mortgage investigations?

What are the legacy issues referred to in the context of RBS?

What is the significance of Barclays moving some operations to Dublin?

How are banks preparing for the potential impacts of Brexit?

What challenges do banks face regarding passporting rights post-Brexit?