Mark Mobius Sees Banks Move to East, China After Brexit

The transcript discusses the potential impacts of Brexit on financial centers, particularly focusing on the movement of financial activities from London to other global cities like New York and possibly China. It highlights the pessimism among American bankers regarding early commitments from Brussels and explores the potential for China to become a major financial hub. The discussion also touches on the implications for the British pound and the future prominence of London as a financial center.

What concerns do American bankers have regarding their future in London post-Brexit?

What are the implications of a hard Brexit on the financial sector in London?

How might the financial landscape shift towards Asia, particularly China, according to the discussion?

What is the current outlook for the value of Sterling as discussed in the conversation?

In what ways has the Prime Minister's approach affected the perception of London's financial future?