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The UK is set to concede a major defeat to the EU in its post-Brexit vision for the City of London

WPA Pool/Getty Images Theresa May steps back from plans for the City of London to have "mutual recognition" with the.....»»

Category: topSource: businessinsiderJul 12th, 2018

The City of London just suffered a major defeat from the EU over plans for Brexit

Reuters/Paul Hackett European Union looks set to reject UK government's plans for the City of London post-Brexit. The UK has proposed a system of "advanced.....»»

Category: topSource: businessinsiderJul 23rd, 2018

Deutsche Bank is shifting business out of London — and it hints at a troubling post-Brexit future for a $1 trillion industry (DB)

Russell Boyce/Reuters Deutsche Bank is moving close to half of its euro clearing volumes from London to Frankfurt, according to the Financial Times. It's a blow to the City of London, which is at risk of de.....»»

Category: topSource: businessinsiderJul 30th, 2018

"A real blow": The City of London is furious with the government"s Brexit plan for finance

Major lobby groups for the City of London are unhappy with the government's plans for the UK's financial services sec.....»»

Category: topSource: businessinsiderJul 12th, 2018

On Brexit, TTIP and the City of London

The post On Brexit, TTIP and the City of London appeared first on The Big Picture......»»

Category: blogSource: TheBigPictureJun 4th, 2018

The Tell: New York replaces London as top global financial center and Brexit’s to blame: survey

London is no longer at the top of global financial centers and Brexit is to blame. Instead, New York City took the crown, according to the Global Financial Centres Index......»»

Category: topSource: marketwatchSep 12th, 2018

London loses top spot to New York in financial survey due to Brexit

New York has overtaken London as the world's most attractive financial center, a survey said on Wednesday, as Britain's decision to leave the EU prompts banks to shift jobs out of the city to keep access to Europe's single market......»»

Category: topSource: reutersSep 12th, 2018

New York overtakes London as top financial center; Brexit blamed

New York has overtaken London as the world's most attractive financial center, a survey said on Wednesday, as Britain's decision to leave the European Union prompts banks to shift jobs out of the city to preserve access to Europe's single market......»»

Category: topSource: reutersSep 12th, 2018

The City of London issued a stark warning about the future of European finance after Brexit — and the EU is listening

Shutterstock/Zoltan Gabor The EU's stance on the City of London appears to be softening. The UK government warned EU Brexit negotiators that an overly punitive approach to the City of London will also hurt the rest of Europe. UK officials told Bru.....»»

Category: topSource: businessinsiderJul 31st, 2018

Deutsche Bank shifts euro clearing as post-Brexit landscape emerges

Deutsche Bank has moved the clearing of a "large part" of new euro-denominated derivatives trades from London to Frankfurt, as financial firms ramp up their Brexit preparations......»»

Category: topSource: reutersJul 30th, 2018

China tempts Britain with free trade, says door to U.S. talks open

China offered Britain talks on a post-Brexit free trade deal on Monday, reaching out to London as Beijing remains mired in an increasingly bitter trade war with Washington, even as a senior Chinese diplomat reiterated its door remained open for dialogue......»»

Category: topSource: reutersJul 30th, 2018

Theresa May narrowly avoids major Brexit defeat on vote to stay in a customs union

Reuters Theresa May narrowly avoids def.....»»

Category: topSource: businessinsiderJul 17th, 2018

BlackRock & Citi Select Paris for Expansion Post-Brexit

BlackRock (BLK) and Citi (C) choose Paris over London for their expansion strategy post-Brexit, a.....»»

Category: smallbizSource: nytJul 9th, 2018

Exclusive: JPMorgan triggers EU talent transfer as "dozens" prepare for Brexit move

LONDON (Reuters) - JPMorgan has asked "several dozen" employees to lead a first wave of relocations from Britain to continental Europe by early 2019, kicking off plans to protect its business post-Brexit, a memo to staff shows......»»

Category: topSource: reutersJul 5th, 2018

Amsterdam adds to exchange Brexit spoils with Cboe win

LONDON (Reuters) - Chicago-based Cboe Global Markets will open a European Union stock trading venue in Amsterdam as Britain leaves the bloc, adding to the Dutch city's Brexit spoils......»»

Category: topSource: reutersJul 3rd, 2018

Exchange operator Cboe to open post-Brexit venue in Amsterdam

LONDON (Reuters) - Exchange operator Cboe Global Markets said on Tuesday it planned to open a new venue in Amsterdam to ensure access to clients after Britain leaves the European Union......»»

Category: topSource: reutersJul 3rd, 2018

With Grand Paris Express, Paris Hopes to Expand Its Borders---and Might

Cost challenges and delays threaten to derail major extension of Paris’s transportation network, but the Paris Summer Olympics in 2024 and post-Brexit uncertainty give the project more traction......»»

Category: topSource: wsjJul 2nd, 2018

Three quarters of big UK firms downbeat on Brexit: Deloitte survey

LONDON (Reuters) - A record 75 percent of major British companies are now pessimistic about Brexit, a survey showed on Monday, adding to signs of anxiety around the economy as Britain's divorce with the European Union draws near......»»

Category: topSource: reutersJul 1st, 2018

Brexit Killing London as Financial Hub? Not Just Yet

Brexit was meant to be a crippling blow to London’s position as the financial capital of Europe. But so far, the British capital’s role remains mostly undiminished, and no single other European city is close to claiming its crown......»»

Category: europeSource: wsjJun 30th, 2018

UK ministers tell companies to stop Brexit warnings

LONDON (Reuters) - A British minister accused Airbus [AIR.PA] and other major companies of issuing "completely inappropriate" threats and undermining Prime Minister Theresa May in a sign of growing tensions with businesses leaders over Brexit......»»

Category: topSource: reutersJun 24th, 2018

UK minister tells companies to stop Brexit warnings

LONDON (Reuters) - A British minister accused Airbus [AIR.PA] and other major companies of issuing "completely inappropriate" threats and undermining Prime Minister Theresa May in a sign of growing tensions with businesses leaders over Brexit......»»

Category: topSource: reutersJun 24th, 2018