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A "pragmatic" Brexit means soft-Brexit, I guess.
UK finance minister Hammond seeks 'pragmatic' Brexit
17 Jun 2017 09:42
[LUXEMBOURG] British finance minister Philip Hammond said Britain should adopt a pragmatic approach to Brexit negotiations which begin on Monday, striking a different tone to Prime Minister Theresa May who has threatened to leave the EU without a deal if necessary.
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REUTERS
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^^ and the irony is that Brexit, Macron win and Trump actually brings EU closest in recent memory
By William Canny and Steven Arons
(Bloomberg) -- Deutsche Bank AG may shift about 300 billion euros ($350 billion) from the balance sheet of its U.K. entity to Frankfurt as client trading and assets migrate to the continent following Britain’s decision to leave the European Union, according to a person familiar with the matter.
The project, dubbed Bowline, calls for trading in the German city to go live in September 2018 and for the assets to be moved over by March 2019, said the person, who asked for anonymity in discussing internal matters. Shifting 300 billion euros would be equivalent to almost a fifth of Deutsche Bank’s balance sheet, which listed 1.59 trillion euros in total assets at the end of last year.
Before you speak, listen. Before you write, think. Before you spend, earn. Before you invest, investigate. Before you criticize, wait. Before you pray, forgive. Before you quit, try. Before you retire, save. Before you die, give. –William A. Ward
Think Asset-Business-Structure (ABS)
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Sterling soars to five-month high as Brexit deal is agreed
* Jean-Claude Juncker and Boris Johnson both announce a Brexit deal has been reached.
* Sterling jumps to a five-month high versus the dollar.
* Banks across Europe lead the gains in stock markets.
David Reid
PUBLISHED 17 October 2019
The British pound reached a five-month high versus the U.S. dollar on Thursday morning after leaders of both the European Union and the United Kingdom confirmed that a draft Brexit deal had been agreed on.
Sterling rose as high as $1.2988 at one stage — reaching a five-month high. The euro also gained against the dollar rising 0.5% versus the greenback. Stocks across Europe rose 0.75% immediately after the reports, with banks leading the gains.
The U.K. Prime Minister Boris Johnson announced ” a great new deal that takes back control” via his Twitter account.
More details in
https://www.cnbc.com/2019/10/17/sterling...greed.html
Specuvestor: Asset - Business - Structure.