Paris Eyes Luring 20K Bankers from London Amid Brexit Rupture

Re:Paris Eyes Luring 20K Bankers from London Amid Brexit Rup... by anothermouse on Wednesday January 04, 2017 @06:27AM (#13317324)

20K bankers to shortly find themselves working in a regional office and wishing they could relocate back.

Passporting doesn't require moving your employees wholesale, you just setup a subsidiary within Europe and trade with that legal entity for European trades. A skeleton office is all that is required.

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Re:Paris Eyes Luring 20K Bankers from London Amid Brexit Rup... by tim333 on Wednesday January 04, 2017 @12:05PM (#13319954)

I was thinking that. Nearly all the big banks must have European branches already and presumably someone at Barclays London can log into the systems of Barclays Paris and do a trade there for instance if it has to be done that way.

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