Paris is the New, Hot Trading Hub

The video discusses Citigroup's plan to expand its staff in Paris by building a new trading floor, highlighting Paris as a growing hub for financial talent. It mentions major banks like JP Morgan and Goldman Sachs increasing their operations in Paris. The shift in financial centers from London to Paris is noted, with Euronext's CEO predicting long-term trends due to fewer young Europeans studying in London post-Brexit.

What is Citigroup planning to do in Paris?

• Close its existing office

• Double its staff and build a new trading floor

• Reduce its workforce

• Move its headquarters to Paris

Which of the following banks is NOT mentioned as having a strong presence in Paris?

• BNP Paribas

• Deutsche Bank

• Natixis

• Société Générale

Which major international banks have increased their operations in France?

• Credit Suisse and UBS

• Deutsche Bank and Commerzbank

• JP Morgan and Goldman Sachs

• HSBC and Barclays

What has happened to London's status as a financial center post-Brexit?

• It has become the smallest in Europe

• It has surpassed New York

• It remains the largest in the United Kingdom

• It has become the largest in the European Union

What long-term trend is the Euronext CEO concerned about?

• More young Europeans studying in London

• Fewer young Europeans studying in London

• Increased relocations to London

• Decreased interest in financial careers