What Frankfurt Can Gain From Brexit

The transcript discusses a visit to London, motivated by Brexit and a football game. It explores the impact of Brexit on banking relations between Frankfurt and London, highlighting the readiness of banks and potential benefits for Frankfurt, such as job and asset movement. Despite Brexit, London is expected to remain a leading financial center. The conversation also touches on the banking union and deposit insurance in the Eurozone, with varying opinions on its implementation.

What are the two main reasons the speaker is in London?

• To study and enjoy a vacation

• To explore business opportunities and attend a concert

• To visit family and attend a conference

• To attend a football game and discuss Brexit

What is the speaker's view on the readiness of banks for Brexit?

• Banks are ready but lack necessary resources

• Banks are partially ready but need more time

• Banks are ready and have addressed initial concerns

• Banks are not ready and face major challenges

How many financial institutions have applied to set up or expand in Frankfurt due to Brexit?

• 30 institutions

• 120 institutions

• 60 institutions

• 90 institutions

What is one of the main pillars for the financial sector in Europe to become a common market?

• Political union

• Cultural union

• Trade union

• Banking union

What has been the most controversial aspect of the European financial sector's integration?

• Capital market union

• Banking union

• Trade agreements

• European Deposit Insurance scheme