International Finance

Tag : Europe

Banking Finance

Ireland not keen to host high-risk trading post-Brexit

Risks and scale have prompted this cautious response from Dublin November 29, 2016: Ireland has indicated to a number of large investment banks that it would be hesitant to host large trading operations. The Irish central bank has signalled in talks with banks that they would encounter serious hurdles to gain regulatory approval for these...
Economy

UK Black Friday growth may surpass that of US

Global online retail analysis reveals rise in UK spending while US shoppers migrate to cyber Monday IFM Correspondent November 24, 2016: The UK is set for higher online Black Friday retail spending growth than the US, according to new data from Ingenico ePayments, the online and mobile division of Ingenico Group. Ingenico ePayments’ global analysis of online retail...
Banking Finance

Bank of England governor to continue till 2019

Mike Carney to stay till Brexit negotiations get over IFM Correspondent November 1, 2016: Bank of England governor Mike Carney has ended days of speculation by announcing that he will step down in June 2019, still two years short of a full term. He said he recognises the importance ‘to the country of continuity during...
Banking Finance

Europe may be at the mercy of US banks

US banks are about to surpass their European counterparts in the European investment bank market, which could, in the future, be dominated by the big five American banks Dirk Schoenmaker & Charles Goodhart October 25, 2016: The European banking system is downsizing. As a consequence, the big US investment banks are on the rise in...
Economy

Next US president may have to deal with recession

WSJ survey reveals odds of a recession within next 12 months is about 21% IFM Correspondent October 24, 2016: Only a few weeks is left before the US chooses its 45th president. Historically, every US president elected till date has faced a recession or a recession-like scenario. A Wall Street Journal survey in June of...
Economy

UK’s €40 billion bill could be EU’s first Brexit hurdle

UK could put the budgetary contributions at the forefront of negotiations, in the hope of gaining leverage Lewis Crofts and Matthew Holehouse October 20, 2016: Before UK and EU officials get down to the detailed work of unpicking laws and drafting the transitional measures to govern Brexit, they may first have to deal with the...
Economy

Paris launches campaign to attract talent from London post-Brexit

Advertisement to target London airport, train stations, UK national newspapers October 18, 2016: The organisation representing the business district of La Défense in Paris, has launched a national UK advertising campaign to lure talent from London in the wake of Brexit. Adverts will go live at Heathrow airport, Eurostar stations including St. Pancras International and...