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Category: Financial Services

UK hails financial access deal with Switzerland after Brexit losses | Euronews

23 December 2023 BrexitCarnage Leave a comment

​  London financiers have largely lost access to EU markets, but the UK says its recognition of Swiss banking and asset…

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

Italian citizen’s bank accounts frozen owing to ‘shameful’ post-Brexit rules | The Guardian

BrexitCarnage Leave a comment

​  Massimo and his British wife Dee say settlement scheme designed to frighten immigrants into leaving UK. Read More 

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Posted in: Banking, Europe, Financial Services, Migration Filed under: bank account, brexit, eu, italy, uk

Nasdaq on hunt for more UK firms to list in US | BBC

19 December 2023 BrexitCarnage Leave a comment

​  A boss at a leading US stock exchange says the trend of UK companies going to New York to raise…

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Posted in: Americas, Europe, Financial Services, Regions, UK Filed under: brexit, eu, listings, uk. Nasdaq

FCA Rules Out Extension of Post-Brexit UK Licensing Regime | BNN Bloomberg

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​  (Bloomberg) — The UK Financial Conduct Authority won’t extend its temporary post-Brexit licensing regime past Dec. 31, according to the…

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Posted in: Europe, Financial Services, Regulation Filed under: brexit, eu, FCA, licensing, uk

UK firm Pearson’s top investor calls for US listing switch – Bloomberg | Reuters

16 December 2023 BrexitCarnage Leave a comment

​  Pearson’s largest investor has said the education firm should switch its listing to the United States to improve shareholder value,…

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Posted in: Business, Education, Europe, Financial Services Filed under: brexit, eu, Pearson, uk

Impact of Brexit on consumers | European Banking Authority

15 December 2023 BrexitCarnage Leave a comment

​  Impact of Brexit on consumers · the level of preparedness required from UK financial institutions, · the changes that EU-based…

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Posted in: Banking, Euro Facts, Europe, Financial Services, Industry, Regulation Filed under: brexit, eu, uk

France steps up efforts to lure post-Brexit financial jobs to Paris | Politico

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The government is mulling fresh measures to attract more bankers in the new year. Read More 

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Posted in: Banking, Europe, Financial Services, Labour issues, Regulation Filed under: bankers, brexit, france

UK equity funds outflows hit £80bn since Brexit as investors stay sour | Financial News

14 December 2023 BrexitCarnage Leave a comment

​  UK equity funds have remained out of favour among investors since leaving the EU as part of a decade-long slump. Read…

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

Sterling tumbles after UK economy shrinks | Reuters

13 December 2023 BrexitCarnage Leave a comment

​  The pound was among the worst performing major currencies against the dollar on Wednesday, after data showed the UK economy…

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

UK proposes capping some Visa, Mastercard fees after five-fold jump since Brexit | BNN Bloomberg

BrexitCarnage

​  (Bloomberg) — Regulators in the UK are weighing a cap on some of the fees that Visa Inc. and Mastercard…

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Posted in: Banking, Europe, Financial Services Filed under: brexit, credit-cards, 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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