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I think the subtext is: the EU can't manage without access to London's financial sector expertise, because their own banks aren't "up to snuff"...

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by Frank Schnittger (mail Frankschnittger at hot male dotty communists) on Fri Jul 12th, 2019 at 11:29:14 AM EST
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Diversity is the key to economic and political evolution.
by Cat on Fri Jul 12th, 2019 at 02:07:27 PM EST
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what they mean is that the EU banks, with the exception of Deutche (remember them?), were far less likely to accomodate easy access to Crown dependency tax havens.

without the UK, the average level of honesty in bank trading will increase substantially.

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Fri Jul 12th, 2019 at 07:16:11 PM EST
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< wipes tears >

Diversity is the key to economic and political evolution.
by Cat on Fri Jul 12th, 2019 at 07:59:05 PM EST
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