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 will have a corresponding effect on the whole UK, not only banks and insurance companies, Mlex has composed a list of all 13,500 companies using financial passporting in some form in […]

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...

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...
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...
(From left: Jamie Carter - GK Strategy, Susan Laws - Duanne Morris, Rob Donaldson - RSM UK, David Fergusson - The M&A Advisor and Mike Hinchliffe - Merrill DataSite)

Optimism reigns supreme at Great Post-Brexit Debate

Great Post-Brexit Debate saw a range of M&A professionals exploring and discussing the implications, trends and research that have come forth since the vote...

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...

Brexit exodus winner isn’t even in Europe

If Brexit does drive bankers out of London, the ultimate winner might be located 3,500 miles away from the European borders. Politicians and industry CEOs revealed that at this point,...

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...

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...

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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