Brexit Causing U.K. Banks to Cut Bonuses

The video discusses the impact of Brexit on the banking industry, focusing on job security, bonuses, and the reorganization of banks like HSBC and Barclays. It highlights the potential decrease in profits and revenues, especially in London, and the strategic moves banks may need to make, such as relocating staff to EU countries. The video also examines the effect of Brexit on deal activity and the economic implications of currency fluctuations.

What are the expected impacts of Brexit on the job security of London bankers?

How have the profits and revenues of banks like HSBC been affected post-Brexit according to the text?

What measures are banks considering in response to the potential impacts of Brexit?

What does the text suggest about the future of deal activity in London after Brexit?

In what ways has the fall of the pound against other currencies been perceived as a potential opportunity?