日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Economy

'Big Bang' to Brexit: The City of London fears end of golden age

(Agencies) Updated: 2016-06-21 08:10

'Big Bang' to Brexit: The City of London fears end of golden age

Photo taken on Jan 29, 2016 shows the UK and EU flags outside the European Commission headquarters in Brussels, Belgium. [Photo/Xinhua]

Geese don't come much more golden than the City of London.

The narrow lanes of the Square Mile, lined with handsome neoclassical stone and gleaming modern glass, are at the heart of a British financial sector that paid 66 billion pounds ($94 billion) in tax last year and employs more than 2 million people nationwide. It is also without a doubt the country's most lucrative industry.

Yet ahead of a June 23 referendum on European Union membership, many of the City's leading lights are deeply worried about its future. London has become the undisputed financial capital of a united Europe - a status that now hangs in the balance.

"Just because the City is strong at the moment doesn't mean that it has a perpetual right to remain so," said Marcus Agius, 69, the chairman of Barclays Plc during the 2008 global financial crisis.

"Brexit would be an act of supreme folly. In the future we would look back and wonder: 'Why the hell did we do that? What were we thinking?'"

City proponents of a Brexit see it as a way of making the financial industry more globally competitive by potentially unshackling it from some EU rules like bonus caps. But the leaders of global banks said a Leave vote would drive them away.

They employ the lion's share of the 400,000 workers in the financial district and have been clear about their intentions. JPMorgan Chase & Co Chief Executive Officer Jamie Dimon has 16,000 employees in London and other British cities, and this month told staff a vote to leave could mean a quarter of those jobs might be cut.

Executives at Citigroup Inc, Goldman Sachs Group Inc and HSBC Holdings Plc have all issued similar warnings.

Central to the Brexit concern is the issue of "passporting". Under EU law, a bank incorporated in any one member state can sell its products and services in all 28, thus accessing a $19 trillion integrated economy with more than 500 million citizens. It's a regime that allows even the largest banks to get by with only satellite offices in hubs like Paris and Madrid, and none at all in many other EU countries, keeping the overwhelming bulk of staff in London.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 亚洲更新最快 | 免费在线播放av | caoprom在线 | 亚洲国产精品综合 | 黄色国产一级片 | 青青草原成人 | 亚洲不卡视频在线观看 | 日韩高清国产一区在线 | 999av视频 | 草久久久久久 | 日韩亚洲视频 | 日韩欧美中文字幕在线播放 | 国产一二三视频 | 99艹 | 伊人超碰 | 久久精品视频播放 | 久久在线视频免费观看 | 免费成人深夜在线观看 | 青青自拍视频 | 亚洲毛毛片 | 欧美日韩国产a | 亚洲性色图 | 亚洲精品亚洲 | 麻豆自拍视频 | 国产中文在线视频 | 黄页网站在线观看 | 69国产精品视频免费观看 | 精品免费一区二区三区 | 欧美日韩精品免费 | 91国产网站| 男女拍拍拍拍 | 国产丝袜在线播放 | 日韩一区二区三 | 亚洲更新最快 | 国产黄色在线免费观看 | 99热在线观看免费 | 免费污片在线观看 | 久久亚洲成人 | 四虎影视1304t | 日韩免费看片 | 免费毛片视频网站 |