Radar, do you think there is going to be an indian summer or have you had any dreams at all regading matters astronomical, sunspots or anything else that might impact on the weather? Apperently, according to our learneth brethren there is a strong correlation with BKIR. Forget all that nonsence like P/E ratio, PEG ratio, sum of perpetuities and Nerbrand Z etc..... Bagel, my dear chap this is market forces at work. That is why we have a hoast of leading software firms based in Ireland. My dear element you probably will find the stone will drop on the ground. Hotdog, please keep bring hotdog. Ispania and my post as i posted the story yesterday.
American banks are developing preliminary plans to move some of their activities in London to Ireland to the concerns about the possibility of UK to leave the European Union (EU), according to Financial Times. Sources close to Bank of America, Citigroup and Morgan Stanley told the British newspaper that consider Ireland as a favorable destination for some of its European business in case it is necessary to remove them from London. The sources stress that in most cases these plans are in a "very early" stage, although one of them states that the entity is already considering moving some activities to Ireland. Specifically, they are beginning to prepare for the impending banking union in the euro zone, which threatens to isolate Britain and, ultimately, lead to the departure of the European Union, which is also called 'Brexit'. "Frankly, I'm considering moving some activities to Ireland," said an officer of the UK-based a Wall Street bank, adding that the central bank and the Government of Ireland held this decision. "It's not so much the 'Brexit' as a legal optimization" he added. Today most of the Asian and American banks have their base of operations for the EU in the UK, an automatic passport to the 28 member countries. However, look unlikely that this ease of access from London to the rest of the EU to remain if he leaves the union. According to 'FT', managers of American companies are reluctant to talk publicly about the issue for fear of upsetting the British regulators, but privately say they are not really evaluating this possibility. Executives fear that a gap in the UK and the rest of the financial system in Europe is opened when the European Central Bank (ECB) to take over large banks in the eurozone by the end of the year, so experts suggest Frankfurt and Paris as new headquarters for its European business. However, Ireland has other attractions for American banks and its low corporation tax, English as a first language, similar to the British legal system and its membership of the eurozone.
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