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Trampa501

Chinese Bank Opens In Madrid

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The world's largest bank has just opened its first European office in Madrid, Spain

Chinese bank opens new offices

Even I find this a strange choice for the first European office. Maybe they were scared off London by the UK tax rates ;)

I think that that shows some remarkable self confidence on the part of the Chinese.

Why should they kow-tow to the current financial centre of London?

They're big enough and ugly enough and powerful enough to dictate what/where the future centres of trade should be that suit them.

I need to look at this. If they're doing retail € accounts, I could be interested.

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Guest The Relaxation Suite

The world's largest bank has just opened its first European office in Madrid, Spain

Chinese bank opens new offices

Even I find this a strange choice for the first European office. Maybe they were scared off London by the UK tax rates ;)

Beijing plays the long game. It always has.

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  • 312 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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