Dimon Says EU Could Force More Brexit Job Moves

The video discusses the planning and execution of job relocations from the UK to the EU, focusing on the roles of bank branches and subsidiaries in cities like Frankfurt, Dublin, and Luxembourg. It highlights the importance of the second step in the relocation process and the EU's authority in dictating job movements. The discussion also covers regulatory equivalency and the potential impact on UK-based jobs servicing EU companies.

What is the primary focus of the initial planning stage for job relocation to the EU?

• Establishing new bank branches in the UK

• Hiring more employees in London

• Creating subsidiaries in EU cities

• Reducing the number of jobs in the EU

Why is it important to focus on the second step of the job relocation process?

• The UK government will decide the next steps

• The second step involves reducing job numbers

• The first step is the most challenging

• The EU has the power to dictate further job movements

Who has the authority to dictate the movement of jobs from London to the EU?

• The World Trade Organization

• Individual companies

• EU regulators and politicians

• The UK government

What percentage of UK jobs is involved in servicing EU companies?

• 50%

• 25%

• 75%

• 100%

What could EU regulators potentially require regarding job locations?

• Jobs to be moved to non-EU countries

• No changes to current job locations

• Jobs to be relocated within the EU

• All jobs to remain in the UK