Deutsche Bank's Plans for a Post-Brexit Landscape

The transcript discusses the potential impact of Brexit on banking operations, focusing on employment distribution between front and back offices in the UK, and Deutsche Bank's plans to manage assets by setting up a booking center in Frankfurt. It highlights Frankfurt's growing role as an EU hub for banks like Morgan Stanley and Standard Chartered. The sensitivity of banking strategies to Brexit developments is emphasized, with banks maintaining flexibility in their plans to adapt to changes in passporting and clearing regulations.

What types of assets are being considered for relocation by Deutsche Bank?

What are the potential impacts of a hard Brexit versus a soft Brexit on Deutsche Bank's plans?