Barclays Bank to move HQ to Dublin

Roisin3

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Mostly with indigenous staff.

The whales of the banking world wouldn't transfer to dublin. And if a bank wanted to recruit 10's of thousands of high value positions they wouldn't be able to get them filled in Dublin.
Babe, London has operated on Irish labour at middle and senior positions for decades. In fact, if the Irish left this city it would sink.
 


Sister Mercedes

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Financial Services in Dublin is back-end processing, the sorts of jobs that will be first to be automated etc as margins continue to get squeezed. We might as well be trying to lure Polaroid or typewriter manufacturers to move here.
 

Vega1447

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Financial Services in Dublin is back-end processing, the sorts of jobs that will be first to be automated etc as margins continue to get squeezed. We might as well be trying to lure Polaroid or typewriter manufacturers to move here.
Absolutely.

There is no way that Banks will be able to automate trading. That takes a greedy 25-year old on coke...
 

Clanrickard

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Yep , its mainly back office ....lots of it already here ......but theres a deluded contingent on P.ie in a state of rapture at the prospects of post Brexit financial armageddon in the UK .....and jump on every single announcement , exchange rate , and rumour

Shame the fools dont realise that if this goes wrong and the EU sulks or there is some proxy trade war its US that will be the meat in the sandwich ....
We won't. We will the only English speaking common law country in a market of 450 million which so happens to be the richest trading block on the planet.

Financial Services in Dublin is back-end processing, the sorts of jobs that will be first to be automated etc as margins continue to get squeezed. We might as well be trying to lure Polaroid or typewriter manufacturers to move here.
Not true.
 

PC Principle

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Babe, London has operated on Irish labour at middle and senior positions for decades. In fact, if the Irish left this city it would sink.
I'm talking about Dublin attracting talent not London.

Anyway I lived in London for 17 years. London would no way sink if the 'Irish' left.
 

Sister Mercedes

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We won't. We will the only English speaking common law country in a market of 450 million which so happens to be the richest trading block on the planet.
What is the advantage of being in a common law country if you're servicing customers in Germany or Italy?
 

brughahaha

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We won't. We will the only English speaking common law country in a market of 450 million which so happens to be the richest trading block on the planet.



Not true.
Small matter of not being able to get our goods to those 450 million buyers ......and being as relevant and important as Inis Orr is to decisions made in Dublin as Ireland will be to the EU

Of course You'll be able to give me countless example of where a tiny distant island separated from the economic centre by sea and poor transport links , thrives economically and isn't an absolute backwater yeah ?
 
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