>He's done a lot of good at the Commission
Depends on your point of view
Still with the settlements..that gotta stop
and where does the money actually go?
>rhetorical
Settlements are baked into the offenders biz plan.
I'll make $100b if I know I only have to pay a 10% "fine" to keep the rest.
If they weren't so busy watching porn.
looks pretty normal
Morgan Stanley to shift $120 billion to Germany in post-Brexit move
Morgan Stanley is planning to shift around 100 billion euros ($121 billion) in assets to Frankfurt from Britain next year as a consequence of Brexit, a person with knowledge of the matter said on Thursday. Frankfurt’s banking scene has been one of the primary beneficiaries of Britain’s exit from the European Union as many big global banks chose Germany’s financial capital to house staff and assets. Dozens of financial institutions have applied for licenses in Germany. The person, who spoke on condition of anonymity to discuss internal planning, said that the volume of assets slated for transfer was a rough estimate and would likely be moved in the first quarter of next year. Britain and the European Union are currently in discussions to hammer out a post-Brexit trade deal. Banks that have increased their presence in Frankfurt include Citigroup , JPMorgan , Standard Chartered and Goldman Sachs . Frankfurt has been dubbed Bankfurt or Mainhattan, after the river Main that the city straddles. A steady increase in banking jobs has however likely come to an end because of the coronavirus pandemic, according to a study by German lender Helaba.
https://www.reuters.com/article/britain-eu-morgan-stanley-germany/morgan-stanley-to-shift-120-bln-to-germany-in-post-brexit-move-source-idUSL8N2IQ5IB
fuckin' famefaggot