Deutsche Bank sets up 'working group' to review UK's EU exit plan: Reports
May 19 , 2015
Deutsche Bank has reportedly set up a “working group”, which will examine the possibility of moving parts of its UK operations to Germany if Britain were to exit from the EU.
Media reports quoted a bank spokesperson saying that “no decisions” had been made so far. The bank has 9,000 employees in the UK.
A referendum in the UK on the country’s EU membership is expected before the end of 2017. Some reports indicate that following his electoral triumph, Prime Minister David Cameron may hold the referendum earlier.