5 reasons not to panic over sinking sterling

Since the shocking outcome of the UK referendum, the pound has been having a hard time. The situation has become particularly deplorable over the...

The pound is pounded – what should investors do?

The pound might have been taking a pounding in recent days, but investors should avoid knee-jerk responses, warns a leading analyst at one of...
Two out of five millennials prefer spending now to saving or investing for the future

2 out of 5 millennials prefer to spend, not to invest

A survey including 2,071 people aged 18 and above showed that 37% of the surveyed millennials opt for enjoying themselves to the fullest instead...
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...

Robert De Niro talks investments in Antigua, Dubai

While De Niro's rant on Trump was making media waves around the globe, he was actually part of a delegation which included the Prime...

Deutsche Bank fails to cut the deal with U.S. Department of Justice

Deutsche Bank shares have dropped by over 3% on Monday, after CEO John Cryan failed at securing a deal with the U.S. Department of...

Half of millenials don’t trust traditional banks

50% of 18-24 year-olds wouldn’t trust the traditional banking system with transactions, according to new research. The report entitled "Are Banks Losing the Innovation Game?" by financial...

Deutsche Bank is attempting to tap up investors for €5 billion

Deutsche Bank AG is conducting informal talks with securities firms to figure out the options to stay afloat and raise capital if legal bills keep mounting...

Old Mutual expects the costs of closing London base to reach £65m

The group stated it will incur a loss of between £50m and £65m for shutting down its head office and cutting off operations in...

Brexit will be a long goodbye, not a clean break

The immediate shocks of Brexit decision on the financial markets have already been substantial. Global negative reaction has roiled exchange rates, sending the pound...

FTSE 100 index has gone record high following mysterious ‘flash crash’

Reuters reports that in Asian trading, sterling turned out to fall as low as $1.138, although the number was later revised and altered to...
David Kamo Goldman Sachs

Hard Brexit may affect 2,000 Goldman Sachs jobs

Goldman Sachs is prepared to relocate around 2,000 British jobs overseas in case the UK is deprived of its financial passporting rights after Brexit, Sunday...

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