http://www.foxbusiness.com/politics/2016/06/22/bank-heads-could-roll-post-brexit.html
4 replies (most recent on top)
Looks like 1300 employees in the UK will need to be relocated. Pretty straight forward for BofA, just move the 1300 Indians from the UK, to wherever in the EU.
I guess the investors and the employees alike better buckle up...
http://www.fool.com/investing/2016/06/24/bank-of-america-has-more-brexit-exposure-than-yo-2.aspx?source=iedfolrf0000001
BAC down 6% . Now they may need the duplicate BAML teams in London after all! They can use one team for England and the other for the rest of Europe. Also they will now need lots of extra duplicate support in India. Oh, the cost of managing risk Indian style is really expensive ...
I hope brexit is a go! It will be a huge setback to the globalists and the one world government/carbon tax agenda.