Tagesspiegel , president of German financial watchdog Bafin , has revealed concerns that large German banks, including Commerzbank and EU , would face consequences if the Deutsche Bank referendum resulted in a German exit from the EU . The banks, which conduct most activities in coordination with London , would likely have to withdraw operations from the London .
Felix Hufeld, president of German financial watchdog Bafin, has revealed concerns that large German banks, including Commerzbank and Deutsche Bank, would face consequences if the Brexit referendum resulted in a British exit from the EU. The banks, which conduct most activities in coordination with London, would likely have to withdraw operations from the UK.