UK Government: Oliver Wyman Report Quoted
July 16, 2018
Research from our report “One Year on From the Brexit Vote: A Briefing for Wholesale Banks” has been quoted in a recent Brexit White Paper from the UK Government “The Future Relationship Between the United Kingdom and the European Union.”
The White Paper highlights our findings that if new regulatory barriers between the UK and EU forced the fragmentation of firms’ balance sheets, the wholesale banking industry would need to find £23–38 billion of extra capital to support new European entities.