Why don't the major banks trade in Dublin?

delad

The likes of JPM, Goldman Sachs, Morgan Stanley etc. We've attracted some of the worlds biggest companies to set up EU headquarters in Dublin, so how come the big banks aren't interested?

liammur

delad wrote: »

The likes of JPM, Goldman Sachs, Morgan Stanley etc. We've attracted some of the worlds biggest companies to set up EU headquarters in Dublin, so how come the big banks aren't interested?

They're all in london.

Mr_Roger_Bongos

JP Morgan, CITI, Goldman Sachs, BNY Mellon, BNP Paribas, ABN Amro, all have offices in Dublin.

Primarily they all do back/middle office functions. Trading hubs are historically NY, London, Kong Kong and new one's are very difficult to establish in terms of attracting staff.

kermit_the_dog

delad wrote: »

The likes of JPM, Goldman Sachs, Morgan Stanley etc. We've attracted some of the worlds biggest companies to set up EU headquarters in Dublin, so how come the big banks aren't interested?

those are investment banks , their not comparable to commercial banks like bank of ireland , ulster bank , AIB

OfflerCrocGod

Access to liquidity, everyone is in London/New York so that's where you must be if you want access to liquidity/connections.

Low Energy Eng

There are no limits on rehypothecation in the UK, maybe thats why they're all over in London