you heard it there first from benoit coeure, there will be questions. and also questions about financial passporting. we heard people saying they will pull staff out. and hard brexit scenario, they'll have trouble. that's what we got today. >> on the other hand i still feel there's a lot of uncertainty. yes, some of the banks are making announcements, but i talked to the ceo of credit suisse the other day, he said we need more clarity and we vent made a final decision yet on the number of people we'll relocate from london. london will still remain a key part of our business. it always will be. it's not the death of london. >> no. >> what this comes down to again, particularly with the uncertainty, is the transition period. what is that transition period going to be? we could talk about this for the next two hours. >> just taking it back to the studio for a minute, adding another voice, andreas dombret is here, member of the executive board at deutsche bundesbank. good morning. >> good morning. >> interested to get your initial thoughts on what happens i