Deutsche Bank May Move $350 Billion to Frankfurt

Deutsche Bank May Move $350 Billion to Frankfurt

Assessment

Interactive Video

Business

University

Hard

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The video discusses Deutsche Bank's Project Bowline, which involves moving trades and assets to Frankfurt by March 2019. This project is not only about balance sheets but also affects jobs, with some roles relocating from London to Frankfurt. The bank is preparing for a potential hard Brexit, hoping for the best but preparing for the worst.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the expected changes in trades and assets for Deutsche Bank by March 2019?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What does John Cryan indicate about the bank's outlook on Brexit?

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