Cohen: Brexit Would Drive Institutions Out of London

The video discusses the potential ramifications of a sharp break between the UK and the EU, particularly focusing on the impact on financial institutions. It explores various possibilities, including reversing Brexit or adopting a Norway-like arrangement. The video also covers negotiation strategies with Brussels and advises clients to plan for worst-case scenarios without acting prematurely.

What is the potential consequence of a sharp break between the UK and the EU as discussed in the video?

• Stronger trade agreements

• More cultural exchanges

• Increased tourism between the UK and EU

• Financial institutions leaving London

Which book is referenced in relation to the uncertainty of Brexit?

• The Wealth of Nations

• The Great Gatsby

• The Art of War

• Why England Slept

What is one possible outcome for the UK mentioned in the video?

• A complete isolation from the EU

• A Norway-like arrangement

• Becoming a part of Asia

• Joining the United States

What advice is given to financial institutions regarding Brexit?

• Act immediately without planning

• Wait and plan for worst-case scenarios

• Ignore Brexit developments

• Move all operations to Asia

What is a potential risk if financial services migrate due to Brexit?

• Weaker banking systems

• Stronger banking systems

• More centralized banking

• Increased banking profits