German top banker warns London could lose role as gateway to Europe's financial hub

Saturday, February 11th 2017 - 13:29 UTC

Full article 7 comments

One of Germany's most senior banking regulators has warned London that it is likely to lose its role as “the gateway to Europe” for vital financial services. Dr Andreas Dombret, executive board member for the German central bank, the Bundesbank, said that even if banking rules were “equivalent” between the UK and the rest of the European Union that was “miles away from access to the single market”. Read full article

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Clyde15
Wistful thinking ?
Feb 11th, 2017 - 06:04 pm - Link - Report abuse +1
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Briton
London could lose role as gateway,

Absolute cobblers, this has already been rescinded by other German officials,
London is going nowhere and will remain the number one spot in Europe,

and will probably get stronger and better,

nothing but bile from disgruntled incompetent Eu masters who know that the unmighty EU is failing.
Feb 11th, 2017 - 08:26 pm - Link - Report abuse 0
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HughJuanCoeurs
I'm assuming that “banker” is a misspelling and should start with a “w”? About as much credibility as Mark “I had a Michael Fish moment about Brexit” Carney.
Feb 11th, 2017 - 10:19 pm - Link - Report abuse 0
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:o))
Isn't this an “opportunity” for the German/European banks?
Feb 12th, 2017 - 11:12 am - Link - Report abuse +2
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Briton
Well,
Greece is all but bankrupt, Italy aint far behind,
France and Spain are in trouble,
portage and Ireland are hanging on by their fingertips,

And Germany is desperately struggling to hold them all afloat,

I could be slightly wrong but Europe has big problems.
Feb 12th, 2017 - 08:05 pm - Link - Report abuse 0
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golfcronie
If the struggling countries ( EU ) committed to paying 2% of their GDP for NATO they would all be bankrupt, even Germany is stalling, well below GDP.
Feb 16th, 2017 - 10:29 am - Link - Report abuse 0
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Briton
Well Germany has just ordered 3 warships,
and they want a euro army,
so they must have loads of euros to burn.
Feb 16th, 2017 - 07:58 pm - Link - Report abuse 0
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