23-09-2020, 11:51
|
#4073
|
|
Trollsplatter
Join Date: Jun 2003
Location: North of Watford
Services: Humane elimination of all common Internet pests
Posts: 38,200
|
Re: Brexit-Transitional Period Ends 31/12/20
Quote:
Originally Posted by Dave42
Bloomberg Brexit
@Brexit
BREAKING: JPMorgan is moving about 200 billion euros ($230 billion) from the U.K. to Frankfurt as a result of Brexit, a shift that will make it one of the largest banks in Germany
|
However
Quote:
|
The assets to be shifted represent slightly less than 10% of JPMorgan’s total balance sheet.
|
and
Quote:
|
... it’s not just Brexit. JPMorgan has repeatedly said that its German unit will seek market share in investment banking, corporate banking and wealth management.
|
|
|
|