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The City of London is starting 2021 free of the European Union’s rules. But despite a trade deal being reached, its status as a global financial hub is under threat, resting on a separate process controlled by politicians and technocrats in Bru.....»»

A financial scandal has swept through London and the United Arab Emirates, centered on allegations of fraud at the two core companies of the Abu Dhabi-based tycoon Bavaguthu Raghuram Shetty. Both NMC Health Plc and Finablr Plc have had their shar.....»»

Volkswagen and a major German consumer group have reached an agreement in a class action lawsuit over the carmaker's rigging of diesel emissions tests, a court in the northern city of Brunswick said on Friday......»»

If and when the U.K. completes Brexit and leave the European Union i.....»»

Former Bank of England deputy governor Andrew Bailey, one of the City of London's most experienced financial regulators, has been named as the new governor of the British central bank. Julian Satterthwaite reports......»»

Banks should ‘expect increased scrutiny of their transition efforts’ as the end of the scandal-plagued London interbank offered rate, or Libor, approaches in 2021, the Financial Stability Board warned on Wednesday......»»

San Francisco will likely face a significant deficit in the fiscal year beginning July 1, 2020 that will require budget cuts to close, said Mayor London Breed. The Mayor announced the worsening financial outlook Tuesday at the Board of Supervisors mee.....»»

Courtesy of The Ability Group A mile-long road in London has been the city's "Billionaire's Row" since the World War II: a destination for luxury, scandal, murder, and secrecy.  Insider has profiled key residents of The Bishops.....»»

INSIDER/Bill Bostock A mile-long road in London has been the city's Billionaires Row since World War II: the capital's destination for luxury, scandal, murder, and secrecy.  Steel tycoon Lakshmi Mittal scooped up the Summer Pala.....»»

Getty A mile-long road in London has been the city's "Billionaires Row" since World War II: a destination for luxury, scandal, murder, and secrecy.  The newspaper bar.....»»

From the pinnacle of the City of London's largest skyscraper, Stuart Lipton is wagering a $1.2 billion bet that the British capital remains a master of the international financial universe no matter what happens with Brexit......»»

It may be a so far on Wall Street, but New York remains the top spot on the planet to work in finance—and is growing its lead on  Z/Yen, a London-based think tank and venture firm, released... To view the full story, click the title link......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Far from the sprawling financial hubs of London or Frankfurt, high-tech traders in the Danish university city of Aarhus are driving rapid change in European power markets, easing the shift to renewables with technology that also carries some risks......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

A British prosecutor says five financial traders charged with rigging a key interest rate were in essence betting on a fixed horse race as their trial gets underway at Southwark Crown Court in London......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

LONDON (Reuters) - A London court on Wednesday described as "troubling" a case brought by the Financial Conduct Authority (FCA) against a former junior UBS trader for alleged Libor interest rate rigging......»»

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......»»