Last quote by Simon Gleeson
I think what is really going on here is the EU trying to create a bargaining chip that it can employ to get a more substantial say in the way that London clearing is regulated post-Brexit.feedback
Simon Gleeson has been quoted in 2 different articles. Most recently, Simon Gleeson has been quoted saying, “It is very likely that some coverage roles will have to move to the EU, as will a number of middle and back-office roles relating to euro clearing and settlement. Whether trading has to move is a more open question.” in an article called Banks on edge over UK passporting options. This is only one of 3 quotes from Simon Gleeson. To see more examples Simon Gleeson’s views and opinions, check out the section below. You can filter Simon Gleeson's quotes by date and by topic to see, for example, what Simon Gleeson said about EU recently and in the past.
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Quotes by Simon Gleeson
Jun 29 2016
It is very likely that some coverage roles will have to move to the EU, as will a number of middle and back-office roles relating to euro clearing and settlement. Whether trading has to move is a more open question.feedback
Jun 29 2016
Banks will be under pressure from their clients to demonstrate that they are restructuring themselves in order to continue to be able to provide services. That probably doesn't allow them to maintain a wait-and-see posture for any extended period. Thus we expect banks to execute restructuring fairly soon based on 'worst case' analysis of the possible outcomes of the exit negotiations.feedback
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