Bank of Cyprus CEO Says Passporting a U.K., EU Issue

The transcript discusses the UK's potential loss of passporting rights in EU negotiations and its impact on the financial sector. It highlights the shift of investment banking prowess from the UK to the US and the need for mature trade discussions. The City of London's role as a major financial hub post-Brexit is emphasized, along with the UK's negotiation strategy in financial services. The Bank of Cyprus's listing in London is mentioned as part of its rehabilitation journey. The future of London as a financial center is considered crucial, regardless of Brexit outcomes.

What are the implications of the UK losing passporting rights in negotiations with the European Union?

How has the UK's investment banking prowess shifted in recent years?

What is the significance of having a mature conversation regarding trade liberalization between the UK and Europe?

In what ways can the City of London maintain its status as a major financial center post-Brexit?

What are the potential consequences of a lose-lose negotiation outcome regarding passporting rights?