It is approaching a year and a half since Brexit occurred, and negotiators on both sides of the English Channel find themselves with a deadline lurking and tough issues still unresolved. Perhaps a “worrying sign” to Capital Economics is the fact that, while the pressure of a deadline is fast approaching, no new negotiating rounds are being scheduled. Despite the lingering uncertainty, bank jobs are not likely to leave London to the extent previously thought, an October 27 UK Economics report notes. Also interesting is the chart on possible investment bank job losses. The note states: it was reported this…
Brexit Negotiations Moving At Glacial Pace As I-Bank Jobs At Risk
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.