Impact of Brexit on the location, liquidity and cost of financial services in Europe have been analysed in the study. Most European banks have major operations in UK and it would be expensive for them to relocate.
What happens to a UK bank that provides services including retail, Corporate or Investment Banking Operations or Asset Management Operations serving UK customers and clients?
For answering this question, the research studies the overall outlook of the UK economy. The potential impact on the retail banking performance has been analysed as a part of the study. The challenges faced by corporate, investment banking and asset management operations have also been analysed.
A negative outlook for GDP growth in UK economy implies that corporate banking revenues will be muted for the next 5 years. The study evaluates the corporate banking’s return on equity. The critical analysis of steps taken by the banks to mitigate loan losses has been considered for the purpose this study.