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Category: Financial Services

Letter: Brexit’s impact on City of London is hard to ignore | Financial Times

14 May 2024 BrexitCarnage Leave a comment

​  Letter: Brexit’s impact on City of London is hard to ignore … Then C$99 per month. Complete digital access to…

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Posted in: Banking, Europe, Financial Services, Opinion Filed under: brexit, city-of-london, eu, uk

Mark Kleinman: Why City’s bonus cap move may not provide Brexit bonus | City A.M.

10 May 2024 BrexitCarnage Leave a comment

​  Mark Kleinman writes a weekly column for City A.M. – this week on Goldman bonuses, Foxtons’ next move and broker…

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Posted in: Banking, Europe, Financial Services Filed under: banker bonus cap, brexit, eu, uk

Numis’s post-Brexit Dublin EU hub to be wound down after Deutsche takeover I Irish Times

4 May 2024 BrexitCarnage Leave a comment

​  The Irish stockbroking operation that UK stockbroker Numis opened almost two years ago to service European clients following Brexit is…

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Posted in: Banking, Europe, Financial Services Filed under: brexit, Deutsche Bank, dublin, eu, ireland, Numis, uk

Goldman Sachs to Scrap Pre-Brexit Cap on City of London Bonuses | BNN Bloomberg

BrexitCarnage Leave a comment

​  In October, following years of industry lobbying, UK officials scrapped the cap as part of a broader push to make…

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Posted in: Banking, Europe, Financial Services, UK Filed under: bonuses, brexit, cap, eu, goldman, uk

Britain rolls out post-Brexit plans for authorising EU investment funds | Euractiv

BrexitCarnage Leave a comment

​  Britain set out its “roadmap” for authorising investment funds from the EU to offer products in the UK, a post-Brexit…

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Posted in: Banking, Europe, Financial Services, Regulation Filed under: brexit, eu, investment funds, uk

Goldman Sachs to scrap cap on bonuses for hundreds of UK staff | The Guardian

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​  Changes will allow the investment bank’s star performers to earn up to 25 times their annual salary. Read More 

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Posted in: Banking, Europe, Financial Services Filed under: bonuses, brexit, cap, eu, goldman, uk

UK insurers face European market hiring difficulties following Brexit | Insurance Times

26 April 2024 BrexitCarnage Leave a comment

​  ‘As you can imagine, these processes are often lengthy,’ says chief executive officer. Read More 

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Posted in: Europe, Financial Services, Industry, Insurance, Labour issues, Migration, UK Filed under: brexit, eu, insurance, uk

French bank to close dozens of Britons’ accounts citing Brexit | The Connexion

23 April 2024 BrexitCarnage Leave a comment

​  Regional caisse in south-west blames complicated post-Brexit rules and measures to stop money laundering. Read More 

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Posted in: Banking, Europe, Financial Services, UK Filed under: banks, brexit, eu, france, uk

Goldman Sachs moves senior banker to Paris in post-Brexit revamp | Financial Times

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​  Head of financial institutions group for Europe relocates at sensitive time for its operations on the continent. Read More 

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Posted in: Banking, Europe, Financial Services Filed under: brexit, eu, goldman, paris, uk

Manchester fintech beats Brexit red tape with Danish partnership | Prolific North

22 April 2024 BrexitCarnage Leave a comment

​  Ryft has announced a partnership with Danish firm Clearhaus, allowing both to leverage technology and cater to marketplaces both in…

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Posted in: Business, Europe, Financial Services, Information Technology, Regulation, technology, Trade, UK Filed under: brexit, denmark, eu, fintech, uk

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Comment on Carnage

  • Mark on Brexit has been a resounding disaster. Starmer must find the courage to change course | The Guardian
  • Kevin Jones on New entrance fee to visit Europe set to triple, says European Commission | CNBC
  • Elizabeth Gardiner on Labour is risking UK financial crisis by refusing to re-join EU | Rejoin EU Party
  • Elizabeth Gardiner on Brexit rule could leave UK passport holders banned from Spain for three years | Liverpool Echo
  • Elizabeth Gardiner on Reeves accused of leaving devolved nations in red after NICs rise | The Guardian
  • Elizabeth Gardiner on Bregret: Why many Britons regret leaving EU | Deutsche Welle
  • Kevin Jones on Brexiters’ ‘sabotage’ claims as new proposals clear Commons | The Independent
  • Graham on Brexiters’ ‘sabotage’ claims as new proposals clear Commons | The Independent

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