Arab Today, arab today deutsche bank mulls leaving britain in case of possible brexit
Last Updated : GMT 17:20:02
Arab Today, arab today
Arab Today, arab today

Deutsche Bank mulls leaving Britain in case of possible 'Brexit'

Arab Today, arab today

Arab Today, arab today Deutsche Bank mulls leaving Britain in case of possible 'Brexit'

Deutsche Bank
Frankfurt - AFP

Deutsche Bank has launched a review to decide whether to relocate some operations to Germany if Britain votes to leave the European Union in a planned referendum, a spokesman said on Tuesday.
Germany's biggest lender has set up a working group to formally examine the impact of a British referendum on EU membership, set to be held by 2017, the spokesman said in an emailed response to AFP.

The working group included senior executives in charge of the bank's strategy, risk, UK management and research divisions.

And they would "do scenario-based planning on implications on our presence in the UK, including whether it would be advantageous for certain activities to be repatriated to the eurozone, specifically to Germany," the spokesman said.

Deutsche Bank has been present in Britain since 1873 and employs just under 9,000 people at 16 different locations there, he said.

"Unlike other banks, our review is not based on the UK banking levy, but on the 'Brexit' potential," the spokesman said, using the shorthand expression for a British EU exit.
Under Prime Minister David Cameron, Britain introduced a banking levy -- imposed on lenders' balance sheets -- in 2010, which has since been hiked eight times, most recently in April.

Other banks, such as Standard Chartered and HSBC, have said they are currently reviewing their British base, citing also tighter regulation and rising taxes.

Debate about a possible "Brexit" has intensified following the victory of Cameron's Conservative party in this month's general election, and their promise to let Britons vote by 2017 on whether to stay in or leave the European Union.

At the moment, however, most experts do not believe that Britain will actually quit the 28-nation bloc.

Cameron says he wants Britain to remain in the EU, but only if he can secure reforms such as changes on migration and benefits, and the repatriation of certain powers from Brussels to London.

 

arabstoday
arabstoday

GMT 21:04 2017 Monday ,18 September

Dollar exchange rate stable at major banks

GMT 19:07 2017 Monday ,18 September

Inflation slump to hit in early 2018: ECB

GMT 20:35 2017 Sunday ,17 September

Dollar exchange rate stable at major banks

GMT 05:53 2017 Saturday ,16 September

ECB fines rescued Italian bank 11.2 mln euros

GMT 11:43 2017 Tuesday ,12 September

US sues ex-Deutsche Bank exec for securities fraud

GMT 12:03 2017 Sunday ,10 September

Bahrain introduces mandatory IESCA

GMT 11:55 2017 Sunday ,10 September

CBB hosts SWIFT users security workshop
Arab Today, arab today
Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today deutsche bank mulls leaving britain in case of possible brexit Arab Today, arab today deutsche bank mulls leaving britain in case of possible brexit

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today deutsche bank mulls leaving britain in case of possible brexit Arab Today, arab today deutsche bank mulls leaving britain in case of possible brexit

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today Egypt tourism revival steady but slow

GMT 16:04 2017 Tuesday ,19 September

Egypt tourism revival steady but slow
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today 600,000 children may flee to Bangladesh

GMT 06:49 2017 Monday ,18 September

600,000 children may flee to Bangladesh
Arab Today, arab today Equifax executives step down

GMT 16:16 2017 Saturday ,16 September

Equifax executives step down
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today New Zealand opposition looks

GMT 10:35 2017 Thursday ,14 September

New Zealand opposition looks
Arab Today, arab today 5,000 'Dieselgate' deaths in Europe per year

GMT 19:18 2017 Monday ,18 September

5,000 'Dieselgate' deaths in Europe per year
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Five trends at the Frankfurt auto show

GMT 12:04 2017 Monday ,18 September

Five trends at the Frankfurt auto show
Arab Today, arab today Renault-Nissan to launch

GMT 10:44 2017 Saturday ,16 September

Renault-Nissan to launch
Arab Today, arab today Eman Al Assy receives three offers

GMT 06:31 2017 Saturday ,16 September

Eman Al Assy receives three offers
Arab Today, arab today 'Severe' Typhoon Doksuri pounds Vietnam

GMT 15:49 2017 Friday ,15 September

'Severe' Typhoon Doksuri pounds Vietnam

GMT 11:10 2017 Friday ,15 September

Fadl Shaker retreats from surrendering himself

GMT 05:05 2017 Tuesday ,12 September

Pregnant woman's suicide roils China

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 10:25 2017 Thursday ,14 September

Greece fumbled oil spill response

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 04:45 2017 Sunday ,17 September

France's hurricane-hit St Martin

GMT 21:57 2017 Sunday ,17 September

Russia and Iraq restore air travel

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:56 2017 Friday ,15 September

Apple's grand plan in Ireland held up by a forest

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday