Brexit could see Deutsche Bank leave the UK
Deutsche Bank has indicated it might move its business away from Britain, should the UK opt to exit the European Union.
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Throughout his election campaign, which culminated in a the Conservative party winning an overall majority, David Cameron pledged to hold a referendum on Britain's membership in the EU by 2017, although a host of British businesses have stressed the importance of remaining part of the bloc.
On Tuesday, Deutsche Bank, the Eurozone's second biggest bank, which employs approximately 9,000 across 16 locations in the UK, said it was examining the possible implications of a so-called 'Brexit' and could consider whether to relocate part of its business back to Germany.
However, a spokesperson quoted by CNN said the bank had not yet made a decision, although it had formed a high-level working group, which included senior executives across its divisions.
In April, HSBC, Britain's largest lender, said it was considering moving its headquarters out of the UK because of tough regulations and growing concerns over the country's future in Europe.