Hacker News new | ask | show | jobs
by Traster 2326 days ago
Your Goldman link shows Goldman selling their UK headquarters and leasing it back. A headquarters they planned before Brexit. It provides no information as to whether Goldman plan on sub-leasing. The financing of one of their buildings tells you nothing about hteir operations.

Your second claim- that the EU commission would 'ban' EU companies from trading with 'British financial' in the wake of Brexit. I'd love to see a source. You know, a source that doesn't caveat things like "if Britain diverged too far". Oh by the way, I work for a finance company that's moved its legal entity to Amsterdam- so those scare stories are literally what has happened.

I'd love to see any reference you have to what you were claiming would happen with Brexit in 2016. Any reference, because I bet you whatever you thought would happen is wrong. But I'm sure you've got good sources for your conspiracy theory that everyone who points out a problem with Brexit is secretly pushing an ulterior motive. Talk about the damage brexit is doing? you must be 'monumentally incapable' - or, you know, actually running a business.

1 comments

Leasing it back ... for 25 years. Pretty critical detail you left out there! Why would you sign a 25 year lease on an expensive HQ for thousands of people if you were about to leave the country?

The EU revoking financial "equivalence" for non-financial reasons is a very well known phenomenon that was extensively discussed in and around the referendum time. They did it to Switzerland so there's been more since. For instance:

https://www.theguardian.com/politics/2016/jun/25/london-city...

“If tomorrow Britain is not part of the single market, the City cannot keep this European passport,” Villeroy, who is also governor of the French central bank, told France Inter radio.

Note: no mention here of divergence, merely leaving the single market is enough to be immediately banned. There was lots like that at the time, although it's getting harder to find pre-referendum pages via search engines now.

I work for a finance company that's moved its legal entity to Amsterdam

Nobody ever cared about legal entities. But note you've done that in anticipation of the UK being banned from European markets, despite having no specific announced plans to change financial law in ways that would justify such a ban.