BOSSES at German luxury sports car manufacturer Porsche have warned European Union negotiators that bullying Britain over Brexit could cost German jobs, damage the economy and lead to ‘big trouble’ for Brussels.
If these firms have not put in place plans that enable them to continue trading in the European Union in the event of a hard Brexit, their policies will no longer be legally recognised in Ireland and other member states.
Proposals, due for publication on Tuesday, will be as vague as possible in order to force UK to explain what it wants
Two Italian Goldman MDs, speaking on condition of anonymity, said last year’s statement has so far been more words than actions.
Accordingly, headhunters and market insiders say Goldman Sachs has been conducting exhaustive interviews of French speakers in flow equity derivatives sales in apparent preparation for making hires in Paris.
Asian engagement is no longer an optional extra. It has already been five years since the size of the Asian middle class surpassed the entire population of Europe, while the region accounts for over half of all global growth.
The report, which was published last week, states that in a post-Brexit world Asian financial institutions are particularly concerned about risk and uncertainty.