And contrary to what 2/6  BIS central bankers' speeches  some people say, a large common market is better than isolated national ones. A common market creates more jobs, more income and more wealth. On that note, let us move to the second part of my speech.
Growing apart – Brexit and the banks It seems that by now we have got used to political events that defy all expectations. Last June, however, it was still a new thing. So when a majority of the people of the UK voted to leave the EU, it sent a shockwave not only through Europe, but around the world.