Amount of European banks must spend to maintain operations in the UK will rise sharply when Britain left the European Union (EU), also known as the Proposed referendum on United Kingdom membership of the European Union, according to a research report by Boston Consulting Group ( BCG) is the Financial times to publish extracts. Specifically, according to BCG, European banks will be able to spend more to 30-40 billion euros at branches in Britain to remain active in the post-Proposed referendum on United Kingdom membership of the European Union. This means that operating costs of European banks in the UK each year will increase from 8% to 22%. The high cost of such increase is likely to lead to many banks will stop a some businesses in the UK. Certainly the foreign banks will face many difficulties Proposed referendum on United Kingdom membership of the European Union by post under previous regulations, they just need a license to operate in one of the 28 Member States, they will have the freedom to operate in all the other member states. so far, the focus of attention of public opinion is still the US banks, because they are often considered as a gateway to London in Europe. However, BCG's research report this time focuses on 60 European banks currently have one or more branches in the UK, including some of the most prominent names such as Deutsche Bank, Commerzbank, BNP Paribas, Santander, Societe Generale and some small banks such as Erste, Novo Banco and Piraeus. "Everyone says a lot about the US banks but in fact, European banks would be affected more severely. In fact Europe is not so important for US banks because it offers from 20 to 30% of profit for them. But with the European banks, the UK is very important because with some banks, sometimes up to 70% of their business is located in the UK ", one of the senior researchers at BCG, Mr. Philippe Morel, said. Hau Proposed referendum on United Kingdom membership of the European Union, the first thing that the European banks will need to do is apply for a license to operate in the UK, which they had not thought about for several decades. In addition, they will also be bound to the capital increase at the request of authorities British banking sector, similar to what happened in the US. The activities of the European banks in the UK will be divided into operations in the UK and in Europe. According to calculations by BCG, only German banks need another 10 billion euros and will have to rise at least another 10 billion euros of capital. For the entire EU banking sector, they will need to add at least 30 to 40 billion euros.
đang được dịch, vui lòng đợi..
