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Category: Financial Services

How Brexit ‘Wrecked The Stock Market’ | YouTube/Byline Times

13 April 2024 BrexitCarnage Leave a comment

​  … Brexit on the City of London is both thoughtful and disturbing for anyone concerned about Britain’s long term well-being.…

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Posted in: Europe, Financial Services, Videos Filed under: brexit, eu, stock market, uk

BlackRock takes options to calm Brexit nerves despite pound positivity | Yahoo/Reuters

31 March 2024 BrexitCarnage Leave a comment

​  Scott Thiel, BlackRock’s Deputy Chief Investment Officer for global fundamental fixed income, said the money manager was buying option “calls”,…

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Posted in: Currencies, Economy, Europe, Financial Services Filed under: brexit, eu, pound, uk

City of London rejects its latest Brexit ‘benefit’ | Politico

29 March 2024 BrexitCarnage Leave a comment

The U.K. has the chance to align with the U.S. rather than wait around for the EU — but the…

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Posted in: Americas, Europe, Financial Services Filed under: brexit, eu, shares, uk, us

UK’s ‘staggeringly cheap’ stocks trade at record discount to US | Financial Times

24 March 2024 BrexitCarnage Leave a comment

​  UK stocks have long traded at lower valuations than US markets, but recent underperformance has left the UK market looking…

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Posted in: Europe, Financial Services Filed under: brexit, eu, stocks, uk

City firms face increasing regulatory burden from post-Brexit overhauls | City AM

22 March 2024 BrexitCarnage Leave a comment

​  City firms are facing increased regulatory pressure, according to new data shared exclusively with City A.M., as the UK and…

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Posted in: Europe, Financial Services Filed under: brexit, city, eu, uk

Brexit isn’t working for this City broker | Financial Times

BrexitCarnage Leave a comment

​  Look at stalwart TP ICAP: the part-creation of Michael Spencer is worth just £1.7bn, about half what it was when…

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

Amsterdam maintains post-Brexit status as Europe’s share-trading hub | City A.M.

20 March 2024 BrexitCarnage Leave a comment

​  Amsterdam maintained its position as the heart of European trading, a position it has held over London since July 2021…

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Posted in: Europe, Financial Services Filed under: brexit, eu, share-trading, uk

Private credit ties to banks deepen in Europe as default risk rises | Reuters

15 March 2024 BrexitCarnage Leave a comment

​  Europe’s private credit funds are increasingly borrowing from banks to boost their performance, fuelling concerns about the wider risks posed…

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Posted in: Banking, Europe, Financial Services Filed under: brexit, eu, private credit, uk

The high cost of Brexit – Absolute Return Partners | Advisor Perspectives

5 March 2024 BrexitCarnage Leave a comment

​  “Brexit was a fantastic example of a nation shooting itself full in the face.” Hugh Grant. Preface. I have written…

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Posted in: Europe, Financial Services Filed under: brexit, eu, investors, uk

Brexit, crisis ‘hangover’ keep UK bank shares undervalued, minister says | US News/Reuters

22 February 2024 BrexitCarnage Leave a comment

​  By David Lawder. WASHINGTON (Reuters) – Shares of British banks are undervalued partly by lingering perceptions that they are still…

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Posted in: Banking, Europe, Financial Services Filed under: bank shares, brexit, eu, 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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