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HSBC and Morgan Stanley to move 3000 jobs out of UK

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you mean to say an unnamed source claimed that a corporation that announced it was sacking 8,000 people is sacking 2,000 if the UK moves out of the single market.Please
"HSBC would move up to 1,000 staff from London to Paris if the UK left the single market"

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Original post by Terry Tibbs
"HSBC would move up to 1,000 staff from London to Paris if the UK left the single market"

Posted from TSR Mobile


Which we just voted to do............
All the big ones need to go, they are insolvent the tune of trillions, go bailout bankrupt EU, not us!
Original post by otester
All the big ones need to go, they are insolvent the tune of trillions, go bailout bankrupt EU, not us!


Care to name them? Which banks should go?
What you don't understand is that IN THE LONG TERM....everything will be wonderful.

That is after we lose thousands of high paying jobs, pound collapses, unemployment increases and have zero percent growth.
(edited 7 years ago)
Original post by 999tigger
Care to name them? Which banks should go?


The Iron Bank
Original post by 999tigger
Care to name them? Which banks should go?


Actually I think I take back what I said, just read up all the big UK banks have apparently offloaded all their CDO's to foreign banks. :colone:
Reply 10
Good bye bye big greedy BANKS
Reply 11
The next financial capital of Europe is going to be either Dublin or Frankfurt
Original post by Yael
The next financial capital of Europe is going to be either Dublin or Frankfurt


Before or after DeutscheBank goes boom?
Reply 13
Original post by otester
Before or after DeutscheBank goes boom?


Actually it's not going to happen, in the worst case scenario it's going to be a bailout like in 2008
Bye bye banks which nearly destroyed our whole country. I suspect a lot more will be moving out eventually and a serious correction in London's property market.
Original post by Yael
Actually it's not going to happen, in the worst case scenario it's going to be a bailout like in 2008


How do you bail out up to $41tn of liabilities?
Reply 16
Original post by otester
How do you bail out up to $41tn of liabilities?


Would that exceed the bailout of RBS and others in the UK?

In the US the Emergency Economic Stabilization Act of 2008 used $700bln

I mean, the Deutsche Bank won't be allowed to fail and collapse right?
Original post by Yael
Would that exceed the bailout of RBS and others in the UK?

In the US the Emergency Economic Stabilization Act of 2008 used $700bln

I mean, the Deutsche Bank won't be allowed to fail and collapse right?


I said $41tn (trillion).
Original post by Bill_Gates
Bye bye banks which nearly destroyed our whole country. I suspect a lot more will be moving out eventually and a serious correction in London's property market.


Property asshats have dropped dramatically
Reply 19
Original post by otester
I said $41tn (trillion).


Yes I know so that's why I asked about whether they could allow DB to fail. They won't do that. I mean there will be a solution.

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