I am not sure why. Their would still be money to be made by banking in Britain. This sounds like doom and gloom offered by someone who just doesn’t want Britain to leave the Euro.
Cameron promised referendum last election and broke that promise. Now he want us to believe him if he get reelected? What a liar
Sure - pulling out of the 2nd largest financial market in the world makes perfect sense. I’m sure Banco Santander and Unicredit would certainly be able to make up the revenue loss inside their own corrupt borders.
They will stay as long as they can make money. And if the Euro Banks leave, others will pick up the slack.
The banks blow smoke and Cameron can’t be trusted in the end to even hold such a referendum.
The large business leaders all want “order” in the world with supergovernments at all levels while the rest of us would like sovereignty and freedom.
Banksters want special bailout privileges.
And England would be the better or it.
That’s why the referendum isn’t until 2015. Gives the elitists 2 years to jam this kind of scare propaganda down England’s throat.
First of all this is a Reuters story so you can absolutely believe exactly the opposite of what is being reported.
The EU is proposing a financial transaction tax, which the UK has rejected, and this banker thinks London would be finished as a financial center if the UK left the EU. Makes complete sense to me.