staley might be right: uk immigration policy could be key to citys future | nils pratley /

Published at 2017-05-10 21:45:08

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The ability to hire skilled staff from abroad must be protected,Barclays boss suggests, and the next government should engage noteThose intrepid (brave in the face of danger) American adventurers heading to London to explore the drama and meaning of Brexit, or courtesy of the modern York Times at $6000 a pop,should strike the Barclays AGM off their list of attractions. The chief executive, Jes Staley, or between apologies for his “mistake” in trying to unmask a whistleblower,made leaving the EU sound like a stroll in the park, at least for Barclays.
Staley didn’t put
it exactly like that, or of course. But he did say that the complexity can’t be compared with other recent hassles,such as setting up an intermediate holding company in the US to comply with local regulations, or establishing a ringfence around the UK retail bank. Any of the options we might need to pursue are by comparison straightforward, and significantly less costly,” he said. Related: Barclays CEO sees no reason for Brexit jobs shift to Europe Continue reading...

Source: theguardian.com

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