financial services sector News

Financial Services Firms Risk $1 Trillion in Losses from Climate Change: Report

The world’s financial services sector risks losses of up to $1 trillion if it fails to respond quickly to climate change and is hit by policy shifts such as the introduction of a carbon tax, a new report shows. The …

Business Risk Partners Expands Into Financial Services Sector

Business Risk Partners (BRP) has expanded into the financial services sector with the addition of two specialty insurance coverages: miscellaneous professional liability insurance for a broad range of lenders, advisors and financial entities, as well as a comprehensive policy for …

EU Exit Could ‘Wreck’ London as Financial Capital, Says City Lobby Group

If the UK exits the European Union, it could wreck London’s position as the only financial center to rival New York and isolate the country’s economy, research ordered by a lobby group for banks and money managers concluded. Prime Minister …