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Boris Johnson will completely expel Deutsche Bank out of England if the EU does not do what it wants
Well, negotiations on the future relations between the European Union and the United Kingdom are fast approaching. The French are already considering a blockade of fishing boats if they do not have access to British waters. Boris Johnson plans to opt out of the EU pandemic alert system in the midst of a pandemic in the name of the illusory leverage of the UK on its former partners. This imaginary superiority is also reflected in London's demandlegally binding"Access to the EU financial markets while Johnson clarifies that he does not intend to observe the"legally binding'Divorce agreement he negotiated. Unsurprisingly, the EU said it all by itself decide find out if and how British companies can play in its markets. And the UK, not tilted, makes it clear in the least convincing terms imaginable that two can play this game.
Bank of England regulators told the German lender that they now demand monthly updates, as opposed to the usual quarterly meetings … told the newspaper that this remains a distant possibility.
It's true, Brussels: Play well with Blighty or Boris Johnson will accelerate the the bank's worst plan in the world to transform its absurdly optimistic new home in London into an even worse version of a WeWork space. After all, who wouldn't want to guarantee continued access to the irrelevant market of a bank with sterling qualities like these?
In January, the bank accidentally sent data on thousands of transactions from 500 customers to Amazon, one of its corporate customers, it reported, citing people who were informed of the error. payment system – known as CHAPS – for three hours in the middle of the day, the newspaper reported.
Deutsche Bank under pressure from UK regulator on non-compliance (City A.M.)
Britain wants binding obligations on access to the EU financial market (NYT)
EU to 'unilaterally' decide on UK access to financial sector (Law 360)
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