BREXIT analysis: Assume I have a bank based in London and serves global clients. ...
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BREXIT analysis: Assume I have a bank based in London and serves global clients.
It makes loans and serves investment banking that serves large corporations. The bank purchased several smaller banks in France and Germany in the last decade.
Global staff: 55% of are located in the UK, 35% are located elsewhere in the EU, and 10% are outside the EU. I have large operations in Paris, Frankfurt and New York and some branches elsewhere.
Of my UK staff: 55% are UK citizens, 40% are citizens from elsewhere in the EU, and 5% are non-EU.
Loan portfolio is similar to your global staffing pattern, but complicated by the many cross-border deals you work on.
Based on this information, what are some risk management strategies that we could make?
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