UK PM promises affordable homes for first-time buyers
Work on these homes will begin this year and they will be available to buy from 2018...
Tag : London
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...
Brexit means Brexit, EU tells UK
EU voices impatience with a lack of clarity from UK PM on what she expects IFM Correspondent November 24, 2016: European Parliament leaders told London’s Brexit negotiator on Tuesday that Britain should expect to be shut out of cooperation in areas it values once it leaves the European Union. David Davis met Guy Verhofstadt, the...
Metro Bank launches internet banking platform
Will support fast-growing customer base and enhance users’ online experience November 22, 2016: As part of their commitment to provide consumers with innovative offerings and customer-centric banking experiences, Metro Bank launched a commercial internet banking platform marking yet another disruptive step for the challenger bank. Since its launch in 2010, Metro Bank has demonstrated an...
China and India to drive global growth in ATMs
The growth will be driven by large sections of the population that will open bank accounts for the first time IFM Correspondent November 21, 2016: Globally, the number of ATMs rose by 5% in 2015, to touch 3.2 million units by the end of the year. The majority of growth in the global ATM market...
British bankers: London will remain Europe’s financial centre
51% believe Britain is in position to negotiate a bespoke trading relationship with the EU November 4, 2016: Synechron Inc, a global financial services consulting and technology services provider, has released findings from its research into short and long-term impacts of Brexit. The study was conducted in partnership with The TABB Group. One of the...
Brexit: So far so good for the UK
Among other things, it is more price competitive in global markets, thanks to the depreciation of the pound Suparna Goswami Bhattacharya September 26, 2016: Though talks of the adverse after-effects of Brexit have been going on for a while, things have not been as bad for the country as was predicted, at least for now....
FTI Consulting appoints new managing director
Mathew Richardson to join corporate finance practice September 06, 2016: Global business advisory firm FTI Consulting is pleased to announce the appointment of Matthew Richardson as a managing director in its corporate finance practice in London. Richardson will be relocating from the British Virgin Islands (BVI) where he has spent eight years, the last three...
UBS may shift its base outside the UK
Banks worry about losing passporting rights IFM Correspondent July 14, 2016: With uncertainty looming large post-Brexit, some banks may shift their headquarters and offices outside London. Andrea Orcel, president of UBS Investment bank, has warned that it is considering moving its staff to a European country, following the UK’s vote to leave the EU. UBS,...
Brexit presents big opportunities for the UK
It will now be able to embrace more market-friendly policies Suparna Goswami Bhattacharya July 13, 2016: While many of us would like to believe that the UK is in a mess, thanks to Brexit, what we all tend to ignore is the upside opportunities that Britain will now have. There are legitimate reasons to believe that...