Britain to be deprived of passporting rights

A minister in the Department of International Trade declared the UK will most likely be deprived of its financial passporting rights enabling banks to...

Theresa May is forced to pull the Brexit trigger

France's President Francois Hollande is forcing the Prime Minister to boost the Brexit notification, Financial Times reported. May was intending to trigger Article 50 by the end...

Parliament is allowed to vote on EU Brexit deal

The Parliament will be able to influence the terms of the agreement between the UK and the EU, but will have no authority to...

Members of Parliament enabled to block Brexit

The High Court ruled that Theresa May must receive parliamentary approval before triggering Article 50. Soon after 10:00 a.m. London time, three of the country's...
Theresa May May is forced to pull the Brexit trigger

Britain as the most unfavoured region for investments

Institutional equity investors are taking their cash out of the UK at the speed of light as they now consider Britain to be "most...
London

Not just banks likely to lose ‘passporting’ rights

A study from market insight firm Mlex indicates that being deprived of of so-called ‘financial passporting’ rights once the UK exits from the EU...

St James’s Place experiences rush from savers

Brexit stroke hard but ordinary savers were not affected and following the vote invested even more money into wealth firm St James’s Place. A steep...

Post-Brexit fight for London’s banking crown heats up

The most powerful financial hubs in Europe outside of London are upping their game when it comes to luring away the business that the...
Morgan Stanley, VTB and Citi make Brexit threats

Morgan Stanley, VTB and Citi make Brexit threats

Morgan Stanley, Citi and major Russian bank VTB have made a loud statement about moving their personnel out of London, while recruiters tap into jostling...

Bring in competitiveness, says City of London

The City of London is advocating for a UK regulatory regime that does not damage competitiveness, responding to bankers' anxiety that not being the...

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