News by tag: Brexit

22.06.2017

Nomura choose Frankfurt for new headquarters post-Brexit

Nomura picked Frankfurt as the headquarters for its European Union operations after the UK leaves the bloc, Bloomberg reported.   Japan’s biggest brokerage will start preparations this month to form a base in the German financial centre, one of the people said, asking not to be identified as the matter is confidential. The decision will necessitate regulatory approval along with securing the requisite office space before transferring fewer than 100 employees from London to the city, according to the person.

 
Read More
22.06.2017

UK PM Theresa May to propose in Brussels what to do

Mrs May will head to Brussels for her first European summit since losing her Commons majority in the general election. It comes the day after measures to enable Brexit dominated the Queen's Speech and with the Conservatives still trying to secure the Commons support needed to pass their programme.

 
Read More
21.06.2017

Expert Commentary: outlook on Brexit and Pound

From the growth point of view, Brexit can affect the economy in two ways. In the near term, uncertainty from Brexit and rising inflation from the reduction in Sterling trade since the vote could cause a modest demand-side shock. But that effect has been much smaller than expected. In fact, the economy has outperformed the non-Brexit scenarios. Of course, we do not know how the economy would have performed had the UK not voted to leave. That seems to be an absence of the short-term demand-side shock. I am confident that the UK can continue to enjoy a broad-base expansion over the next couple of years. I see probably 2% real GDP growth this year followed by 1.7% next year.

 
Read More
20.06.2017

BOE's Carney warns it's early to raise rates

Now is not the time to raise interest rates, Bank of England Governor Mark Carney said on Tuesday, warning that already weak wage growth risked a further loss of momentum as Britain prepares to leave the European Union.  In a speech to London's banking community a day after Brexit talks started, Carney dashed any prospect that he might be close to joining the three BoE policymakers who last week unexpectedly voted to raise rates from their record low of 0.25 per cent. 

 
Read More
12.06.2017

May's chance is to change in Open Brexit

Supporters of "hard" and "soft" Brexit tried to take advantage of the political chaos in Britain on Monday to promote their visions amid fears that their rivalry could revive old divisions in the Conservative Party. Prime Minister Theresa May is in a weakened position after losing her parliamentary majority in last week's snap election, leaving her vulnerable to both hardliners and moderates in her party.

 
Read More
09.06.2017

UK elections: Uncertain result weighs on Brexit talks

UK Prime Minister Theresa May had called Thursday's snap elections to strengthen her hand in Brussels, but the loss of her Conservative majority has plunged the Brexit process into disarray just over a week before talks are scheduled to begin. The Tories won fewer than 320 seats, short of the 326 needed for a majority in Britain's 650-member House of Commons. Labour, the main opposition party, gained more than 30 seats to top 260.

 
Read More
01.06.2017

Soros predicts Brexit may be a dramatic divorce

Billionaire tycoon George Soros has warned the EU it is facing an 'existential crisis' and that Brexit talks could last five years. If, during the divorce negotiations, the EU manages to successfully reform itself and attract wider support from its citizens, the U.K. will want to keep its European membership, Soros told an audience in Brussels. "The divorce will be a long process taking as long as five years. Five years are a very long time in politics, especially in revolutionary times like the present," Soros noted.

 
Read More
30.05.2017

MiFID II – Seven Months before Compliance. Is Europe Gaining a New Competitive Edge in Financial Markets?

MiFID II (Markets in Financial Instruments Directive II)   aims to ensure financial stability in the European Union member states by improving accountability and transparency in the financial system. Just in few months it will be mandatory for every European Institution to comply with its regulations.  Picking Alpha has talked to Karel Lannoo, CEO of CEPS, one of European leading think tanks on what markets can expect from MiFID II.

 
Read More
23.05.2017

Bankers looking on Luxembourg for hubs post-Brexit

Little Luxembourg is luring firms on the lookout for a post-Brexit foothold in the European Union, from JPMorgan Chase & Co. to insurance giant American International Group Inc. Bloomberg News reports that while many find the Grand Duchy a multilingual paradise, would-be expats are being warned not to expect the cosmopolitan lifestyle they currently enjoy in London and that they should prepare to spend long hours on clogged roads.

 
Read More
28.04.2017

Bregret behind the corner for Theresa May

More Brits now believe Brexit is a bad idea than a good one for the first time since the shock referendum result, according to a new poll by YouGov. Asked "in hindsight, was Britain right or wrong to vote to leave the EU?", the YouGov poll in The Times newspaper found that 45% said wrong (up two), while 43% said right (down three), meanwhile, 12% said they didn’t know. More Remainers than Brexiteers believed they’d made the right decision, with 89% of remain voters saying the result was the wrong decision, compared with 85% of leave voters who still backed exiting the EU.

 
Read More

Events


Semptember 2015
  • 22
    Jun

    Benjamin Graham once said: "The essence of investment management is the management of risks, not the

  • 22
    Jun

    Wo liegt die Zukunft des Investierens und wie kann man sich in der steigenden Komplexität der Produ

  • 22
    Jun

    The event, reserved only to qualified investors, is aimed at private bankers, asset managers, famil

  • 28
    Jun

    Only a little more than half a year is remaining until implementation of PRIIPs and MiFID II, and th

  • 30
    Jun

    Lo Shipbrokers and Shipagents Dinner è uno degli eventi più importanti nel panorama mondiale della

See All

newsletter

Updates and news from MarketPlus

Market Overview
SMI® PR9030.620,50 %
LYXOR DAX INAV121.844-0,08 %
FTSE MIB Index20912.30-0,76 %
FTSE 1007427.02-0,28 %
CAC 405258.86-0,29 %
S&P 5002435.28-0,01 %
NASDAQ Composite6230.2124-0,06 %
HANG SENG INDEX25674.53-0,08 %
Powered by Yahoo Finance