During 2022, front office capital markets staff continued to be shifted from London to European cities to meet demands from regulators in the wake of Brexit. How would you characterise the moves in your own firm?
One DCM head said "Marginal relocations due to Brexit will continue over the next decade" Another said "I don't think Brexit is going to make a difference as the plumbing is already in place." A third did not think Brexit mattered any more