Im paid to know what they are doing so happy to follow my own research thanks
if others want to take another view and “lose a lot of business” that’s their choice. Not my preferred one though
if others want to take another view and “lose a lot of business” that’s their choice. Not my preferred one though
And others probably say the same about you
Nothing is certain you are just playing the odds to what you believe are your strengths against your acceptable level of risk.
Nope.
The return of the classic "nope" dead end post!
If you have nothing to say…
Hence - nope. To do what mike says would be bizarre. Needs no comment.
Nope.
Are we back in the land of Schrodinger's Banker?
The ones who will never leave London but will be on the first plane if there is even a hint of taxing them a bit more 😉
To do what mike says would be bizarre. Needs no comment.
What that you are not all seeing or that businesses make decisions based on what they know and how much risk they are prepared to take?
Im paid to know what they are doing so happy to follow my own research thanks
That's rather worrying but given the time you spend on here just how much research have you done, Grimsby Times excluded.
Im paid to know what they are doing so happy to follow my own research thanks
I think as Jim said he works for the bank in question you need to put up something about what you actually do for a living that trumps the horses mouth as it were.
We supply paint denaturants U.K. to Europe car manufacturers, and he’s looking at supplying from Europe to Europe thus avoiding tariffs, can see the U.K. operation closing before too long the way everyone’s leaving the U.K.
Called “holiday” drac
i did. I get paid to know what banks are and should do. I don’t know any that are preparing to lose business. That would be absurd. Ditto I don’t know any that are not prepared for Brexit. Leave that for the moaners. Banks have too much too lose including tax payers money 😉
I get paid to know what banks are and should do.
I assume that involves your opinion not a specific formula written on a stone tablet?
I don’t know any that are preparing to lose business. That would be absurd.
Are you saying leaving the UK is losing business? If so they could be the words missing from your post. Again that sounds like it's your interpretation of the information you have gathered and your assessment of the upcoming (undefined) future.
Ditto I don’t know any that are not prepared for Brexit. Leave that for the moaners.
Do you know all their preparations? Do you think they will be shouting them out especially if they thought it would deliver a competitive advantage? Or is there a special secret bankers newspaper? Maybe you all tell each other in the club.
Banks have too much too lose including tax payers money
Or the proposition may not meet their aims, objectives and risk profile.
But of course at no point in recent history have bankers ever been shown to have really poor judgement, miss the upcoming storm or make decisions based on greed.
Were you one of those that got an unexpected holiday back in 07/08?
You assume??? After all you said??
Jim mentioned losing business. Ask him.
Yes. They are very public about them for obvious tessons. Discussions do take place correct.
They regularly show bad judgement but I have yet to meet one who sets out to lose business. That would be a “brave” proposition
i did. I get paid to know what banks are and should do.
Means nothing.
You assume??? After all you said??
Well it's fairly hard to decipher some of your posts these days. Is there a stone table that tells your what is right or wrong? What is going to happen in 12 months? What is going on?
They regularly show bad judgement but I have yet to meet one who sets out to lose business. That would be a “brave” proposition
We could call it consolidate our position, refocus out portfolio, whatever we want to call moving on and out of something....
I've seen plenty of businesses who have moved out of a market because they are just not into it and are not happy with how it's going and other markets will do better for them. Drop some to gain some elsewhere.
Also never trust somebody who thinks they are 100% right when all the facts are not known at this point.
To you, clearly. So you can relax and not worry about it.
and don’t trust a bank CEO who is not aware of what the potential outcomes are and has not prepared for all of them. But don’t worry. They will be few and far between
To you,
Are you the remaining chuckle brother then? condolences on your loss.
What bad taste
and don’t trust a bank CEO who is not aware of what the potential outcomes are and has not prepared for all of them.
So none of these outcomes involve leaving the UK? Surprising really, unless you selected the outcomes before you started.
Professionally offended again, how sad.
What a very odd question.
not offended no. Not surprised either
If that is an odd question you must spend your working day being constantly surprised then!!
If there was no scenario where leaving the UK was the prudent solution to a bank then I don't think you were asking enough questions or going deep enough. But then again it would go against every thing you have dribbled here and goes with all the questions you don't like to answer so not expecting you to admit to anything.
Here is a look at some key announcements since the June 2016 Brexit vote.
-HSBC: moving 1,000 jobs from London to Paris, where it will set up its EU headquarters.
-Lloyd’s of London: moving 100 jobs from London to Brussels; EU headquarters from London to Dublin, Ireland.
-JPMorgan: “hundreds” of jobs from London to Dublin, Frankfurt, Germany, and Luxembourg.
-Barclays: 150 jobs from London to Dublin, where it will set up EU headquarters.
-Bank of America: moving EU headquarters from London to Dublin.
-UBS: under 1,000 jobs from London to EU offices, including Frankfurt.
-Moneygram: moving EU headquarters from London to Brussels.
-European Medicines Agency: moving from London to Amsterdam, including 890 jobs.
-European Banking Authority: moving from London to Paris, including 180 jobs.
<p class="originalSource">Press Association</p>
Looks like 3000+ probably well paid jobs moved back then - I guess none of them actually moved or are just running away cause they don't want to make money.
And yes we know they will leave people behind and not an entire decamp but people have left.
That’s great research. But of no relevance to what either Jim or I said. Even odder
What bad taste
Oh, pleeeeeeeeeease. Not the hand-wringing faux ‘offended’ line, surely?
That’s rubbish.
This doesn't make good reading.
I get paid to know what banks are and should do.
If they ask for evidence, do you give them links?
Banks like any other businesses get it wrong sometimes.
and don’t trust a bank CEO who is not aware of what the potential outcomes are and has not prepared for all of them. But don’t worry. They will be few and far between
Bobbins. History is littered with CEOs who failed to appreciate the potential outcomes or failed to prepare for them.
2007-8ish?
Or does it only apply to Brexit.
Sure pondo but the fees are scandalous
Don't know why any of you are still taking THM seriously. The chances of anyone with any economic chops misunderstanding the govt's top secret economic analysis of brexit so egregiously is pretty slim.
Broken record there captain. No bad news to exaggerate today? Was Macron BSing like Barnier?
misunderstanding the govt’s top secret economic analysis of brexit so egregiously is pretty slim.
Was that the one with cornflakes or coco pops?
No it's the one you cannot find on the web.
Well when they make up their minds let us know. Sorry unless it's the EU version....
Maybe we can do it Big Brother Style?
People of the UK do you want to save?
Bankers
Farmers
Fishermen
Teachers
Nurses
Polish Builders
or Theresa May
Worst "Marry / Shag / Kill" game ever.
No it’s the one you cannot find on the web.
LOL @ THM. I think he means "the one I can't find and am too scared to click on when it's given to me" as I posted a couple of days ago:
I dare you to have a look thm!
Again? I have it printed out and annotated since it was published. Breaking the broken pieces of the record now.
surprised you got past the first bullet point and it’s stated objective. Did you read that?
Pfft - experts. Who needs em. What the government needs is internet keyboard warriors to tell thim it'll all be fine and that this sort of thing is just scaremongering by people who aren't planning properly while the grown ups do their work.
I have it printed out and annotated since it was published
Thank you Bob. You should try it too. There are better versions than captains sunmary though
Pfft – experts. Who needs em. What the government needs is internet keyboard warriors to tell thim it’ll all be fine and that this sort of thing is just scaremongering by people who aren’t planning properly while the grown ups do their work
There are are plenty of companies looking to slash workers rights or move operations outside of the Uk on the pretence of difficulties in business operations. Yesterday I was speaking to a friend who said where he works was looking to drop annual vacation to 14 days and was very surprised to see the current legislation showing the legal min of 28 days.
whatever happens many people are going to get shafted.
So where's the 24.4 figure then? You said you were quoting the govt's research. Citation needed, as they say on wikipedia.
