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Category: Financial Services

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

Brexit’s latest twist: Britain pushes EU to increase red tape | Politico

21 February 2024 BrexitCarnage Leave a comment

​  Top U.K. officials from the Treasury, Bank of England and Financial Conduct Authority will raise concerns about the EU’s lax…

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Posted in: EU, Europe, European Commission, Financial Services Filed under: brexit, eu, funds, uk

European Banking Federation boss Wim Mijs: Brexit was ‘mutually destructive’ | Financial News

5 February 2024 BrexitCarnage Leave a comment

​  Can the EBF chief executive and ‘voice of banking’ help to bring the continent’s lenders together — and still have…

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

City’s post-Brexit ‘challenger’ status takes ‘some getting used to’ | City AM

1 February 2024 BrexitCarnage Leave a comment

​  UK Finance Chief: London’s financial services industry is in vogue with politicians, but positive momentum is needed, quickly. Read More 

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

France’s Lawyers Still Benefiting From Brexit as Paris Strengthens Its Role as Global Financial Hub | Law.com

17 January 2024 BrexitCarnage Leave a comment

​  The Macron government has promised to introduce further reforms to attract more banks private equity and hedge funds prompting Paris…

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Posted in: Banking, Business Services, Europe, Financial Services, Law Filed under: brexit, eu, france, lawyers, paris, uk

There are 79% fewer banking jobs in London since Brexit | eFinancialCareers

16 January 2024 BrexitCarnage Leave a comment

“Newly open banking jobs in London fell from a peak of 108,000 in 2015 to just 23,000 last year.” https://www.efinancialcareers.com/news/2024/01/brexit-banking-jobs-london

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Posted in: Banking, Financial Services, Industry, Labour issues, UK Filed under: banking-jobs, brexit, london

Nasdaq Europe to lure derivatives clearing from post-Brexit London | Reuters

9 January 2024 BrexitCarnage Leave a comment

​  Nasdaq Europe has said it will expand derivatives clearing to include euro interest rate swaps (IRS) in the coming months,…

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

UK fund launches fall to 20-year low | Financial Times

3 January 2024 BrexitCarnage Leave a comment

​  Asset managers have launched the lowest number of funds for UK investors in two decades, as higher living costs and…

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

London ‘isolated’ following Brexit, Euronext CEO Boujnah warns | ETF Stream

BrexitCarnage Leave a comment

​  London’s capital markets have been left “isolated” following Brexit while consolidation on the continent has strengthened European exchanges, … Read More 

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

Stubborn discount marks UK stock market’s diminished appeal | FT

26 December 2023 BrexitCarnage Leave a comment

​  Another year, another disappointing performance for the UK stock market. The flow of new arrivals fell even below that of…

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Posted in: Europe, Financial Services, Industry, UK Filed under: brexit, companies, eu, stock market, uk

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Comment on Carnage

  • Elizabeth Gardiner on Britain and Europe: time to move together, faster and further | The Guardian
  • Elizabeth Gardiner on Brexit’s slow‑burn hit to UK economy | Rieti
  • Elizabeth Gardiner on Seven times Starmer’s MPs have forced him to U-turn…so far | Politico
  • Elizabeth Gardiner on A warning for Starmer: Brexit’s falling apart, but if you’re not bold on Europe, your Labour rivals will be | The Guardian
  • Elizabeth Gardiner on Labour must follow up plan to return to Erasmus by re-joining EU | London Loves Business
  • Elizabeth Gardiner on Erasmus is back – but what made it so good? | Metro
  • 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

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