What Brexit Means for U.K. Banks

The video discusses the impact of Brexit on the finance industry, focusing on the potential relocation of banks from London to other European cities due to passporting issues. It highlights the uncertainty surrounding trade negotiations and the preparations banks are making for a worst-case scenario. The video also explores the impact on employees, potential cultural changes in Europe, and the concept of equivalence as an alternative to passporting. Dublin and Frankfurt are identified as potential new financial hubs.

What impact might the relocation of banking positions have on the culture of banking in Europe?

Which cities are currently seen as the main contenders to replace London as a financial hub?