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20K bankers to shortly find themselves working in a regional office and wishing they could relocate back. Passporting doesn't require moving your employees who
by anothermouse 10y ago
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.
- tim333 10y agoI 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.