Brzeski: Brexit Noise Clouds Base Case for Banks

The transcript discusses the implications of Brexit on immigration and banking. Theresa May's visit to Brussels and David Davies' statements in Parliament highlight the UK's stance on immigration, emphasizing control without completely closing borders. The discussion also covers the potential impact on banking, with concerns about passporting rights and the possibility of jobs moving to Frankfurt or New York. The uncertainty surrounding these issues is evident, with various stakeholders lobbying for favorable outcomes.

What system does David Davis suggest for managing immigration post-Brexit?

How did Amber Rudd's statement about EU nationals lead to public outcry?

What is Theresa May's main priority regarding immigration in the context of Brexit?

What are the potential implications for the banking industry in London due to Brexit?

What is the expected timeline for the Brexit negotiations and their potential effects?