European Banking Exodus to Dublin Handicapped by Trader Shortage

[kreslik.news]

The growing talk of a banking exodus from the UK to Dublin is far from a foregone conclusion, as lenders face a very real likelihood of trader shortages in the Irish capital.

The past two years have been marked by troubling times for European lenders. A combination of factors ranging from spikes in labor costs, particularly in the UK, a dearth of profitability, and a general transition away from traditional banking channels have handicapped banks. 

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With many lenders opting to scale back their operations, the impending Brexit has ... (read more)