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The Brexit Thread (LOCKED)

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Pussay Patrol Flag 25 Mar 19 8.14pm

JPMorgan are off

[Link]

"a no-deal withdrawal would be a "huge negative" for the U.K"

 


Paua oouaarancì Irà chiyeah Ishé galé ma ba oo ah

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.TUX. Flag 25 Mar 19 8.16pm

Originally posted by Pussay Patrol

So Brexit is the antidote to global downturn?

Yes dear. Tell ya mates.

 


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Penge Eagle Flag Beckenham 25 Mar 19 8.20pm Send a Private Message to Penge Eagle Holmesdale Online Elite Member Add Penge Eagle as a friend

Originally posted by Pussay Patrol

JPMorgan are off

[Link]

"a no-deal withdrawal would be a "huge negative" for the U.K"

SAID TO BE pushing 300 staff into signing fresh contracts to relocate in the EU is not definite and NOT the whole of JP Morgan as you imply. You are being dishonest.

Edited by Penge Eagle (25 Mar 2019 8.21pm)

 

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.TUX. Flag 25 Mar 19 8.20pm

Originally posted by Pussay Patrol

JPMorgan are off

[Link]

"a no-deal withdrawal would be a "huge negative" for the U.K"

Quoting JP Morgan for anything 'positive' is not anyones best days work.
Kinda mugged yourself off their bud. The sad thing being that you don't even know it.


 


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Penge Eagle Flag Beckenham 25 Mar 19 8.23pm Send a Private Message to Penge Eagle Holmesdale Online Elite Member Add Penge Eagle as a friend

Originally posted by .TUX.

Quoting JP Morgan for anything 'positive' is not anyones best days work.
Kinda mugged yourself off their bud. The sad thing being that you don't even know it.


And as one of the HOL's socialists, he weirdly seems to be very much pro banker!

 

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.TUX. Flag 25 Mar 19 8.28pm

Originally posted by Penge Eagle

And as one of the HOL's socialists, he weirdly seems to be very much pro banker!

'Clutching at straws' may very well soon be renamed 'Doing a Pussay'

Joking aside, i agree with Pussay on many things socially (we all want a better world) but he lets himself down re-the nuts and bolts.

 


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Pussay Patrol Flag 25 Mar 19 8.36pm

Originally posted by .TUX.

Quoting JP Morgan for anything 'positive' is not anyones best days work.
Kinda mugged yourself off their bud. The sad thing being that you don't even know it.


i'm slightly paranoid you're able to tap into my inner most thoughts, please stop

 


Paua oouaarancì Irà chiyeah Ishé galé ma ba oo ah

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.TUX. Flag 25 Mar 19 8.43pm

Originally posted by Maine Eagle

Dont tell Trump that.

Its not so hard to believe that leaving a long standing trade, customs, legal and economic framework which has never been left before, might have pretty severe negative economic impacts, is it?

I dont think we will need a scapegoat there.

He knows it.
Obviously you don't.

 


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Maine Eagle Flag USA 25 Mar 19 8.43pm Send a Private Message to Maine Eagle Add Maine Eagle as a friend

Originally posted by Penge Eagle

SAID TO BE pushing 300 staff into signing fresh contracts to relocate in the EU is not definite and NOT the whole of JP Morgan as you imply. You are being dishonest.

Edited by Penge Eagle (25 Mar 2019 8.21pm)

Frankfurt rental prices are going up. Conversely its a good time to move to London.

The horse has largely already bolted.

[Link]

From this article.

Here's a roundup of the financial exodus so far (as at March 13th):

US bank giants Goldman Sachs, JPMorgan, Morgan Stanley, and Citigroup have moved 250 billion euros ($283 billion) of balance-sheet assets to Frankfurt because of Brexit.

Bank of America is spending $400 million to move staff and operations in anticipation of Brexit, and is trying to persuade London staff to move to Paris.

Barclays last week won permission to shift assets worth £166 billion ($216 billion) to its Irish division. Barclays is set to become Ireland's biggest bank.

France's BNP Paribas, Credit Agricole, and Societe Generale have opted to transfer 500 staff out of London to Paris.

UBS has chosen German financial center Frankfurt for its new EU headquarters.

Swiss peer Credit Suisse is moving 250 jobs to Germany, Madrid, and Luxembourg among other EU 27 countries as well as $200 million from its market division to Germany. And in December Credit Suisse told its wealthiest clients to hurry and move their money out of the UK before Brexit.

Germany's Deutsche Bank is also considering shifting large volumes of assets to Frankfurt as part of its Brexit plan.

HSBC, Europe's biggest bank, has shifted ownership of many of its European subsidiaries from its London-based entity to its French unit.

Australia's largest bank by assets, Commonwealth Bank of Australia, has set in motion plans to base around 50 staff in Amsterdam, and has applied for a banking licence in the country.

Other Australian lenders Macquarie, Westpac, and ANZ are also in talks to move operations to Dublin and continental Europe.

Europe's biggest repo trading venue, called BrokerTec, is being moved to Amsterdam from London, meaning a $240 billion a day repo business is leaving the UK.

More than 100 UK-based asset managers and funds have applied to the Irish central bank for authorization in Ireland.

 


Trump lost. Badly. Hahahahahahaha.

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Maine Eagle Flag USA 25 Mar 19 8.46pm Send a Private Message to Maine Eagle Add Maine Eagle as a friend

Originally posted by .TUX.

He knows it.
Obviously you don't.

Not quite.

[Link]

Trump believes the US economy is very strong. Given that he is a nationalistic protectionist leader, that means he thinks things are tickety boo globally aswell.

 


Trump lost. Badly. Hahahahahahaha.

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.TUX. Flag 25 Mar 19 8.52pm

Originally posted by Maine Eagle

Frankfurt rental prices are going up. Conversely its a good time to move to London.

The horse has largely already bolted.

[Link]

From this article.

Here's a roundup of the financial exodus so far (as at March 13th):

US bank giants Goldman Sachs, JPMorgan, Morgan Stanley, and Citigroup have moved 250 billion euros (3 billion) of balance-sheet assets to Frankfurt because of Brexit.

Bank of America is spending 0 million to move staff and operations in anticipation of Brexit, and is trying to persuade London staff to move to Paris.

Barclays last week won permission to shift assets worth £166 billion (6 billion) to its Irish division. Barclays is set to become Ireland's biggest bank.

France's BNP Paribas, Credit Agricole, and Societe Generale have opted to transfer 500 staff out of London to Paris.

UBS has chosen German financial center Frankfurt for its new EU headquarters.

Swiss peer Credit Suisse is moving 250 jobs to Germany, Madrid, and Luxembourg among other EU 27 countries as well as 0 million from its market division to Germany. And in December Credit Suisse told its wealthiest clients to hurry and move their money out of the UK before Brexit.

Germany's Deutsche Bank is also considering shifting large volumes of assets to Frankfurt as part of its Brexit plan.

HSBC, Europe's biggest bank, has shifted ownership of many of its European subsidiaries from its London-based entity to its French unit.

Australia's largest bank by assets, Commonwealth Bank of Australia, has set in motion plans to base around 50 staff in Amsterdam, and has applied for a banking licence in the country.

Other Australian lenders Macquarie, Westpac, and ANZ are also in talks to move operations to Dublin and continental Europe.

Europe's biggest repo trading venue, called BrokerTec, is being moved to Amsterdam from London, meaning a 0 billion a day repo business is leaving the UK.

More than 100 UK-based asset managers and funds have applied to the Irish central bank for authorization in Ireland.

All petty cash in the grand scheme but many noughts for the bed-wetters to salivate over i guess.
How much of their 'stake' are they leaving in London? That's where the meat is.
So there's some real homework for you...........that's if you want to truly study

 


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.TUX. Flag 25 Mar 19 8.54pm

Originally posted by Maine Eagle

Not quite.

[Link]

Trump believes the US economy is very strong. Given that he is a nationalistic protectionist leader, that means he thinks things are tickety boo globally aswell.

Twice wrong in one post.
Trump wants to break the unfederal Federal Reserve. How have you missed that?

Edited by .TUX. (25 Mar 2019 8.55pm)

 


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