March 8, 2018
A stand-off between Britain and the European Union over the future of London’s vast financial services industry is shaping up as one of the key Brexit battlegrounds of this year. The EU said on Wednesday that there will be no …
January 16, 2018
A stand-off between Britain and the European Union over the future of London’s vast financial services industry is shaping up as one of the key Brexit battlegrounds of this year. EU trade negotiator Michel Barnier has said there will be …
January 10, 2018
Britain’s Prime Minister Theresa May will meet executives from major finance companies on Thursday to give them a clearer idea of what Britain’s European Union exit will mean for them. There are concerns that Brexit threatens London’s status as the …
December 8, 2017
London’s financial industry welcomed progress on a divorce deal with the European Union on Friday but said it saw little reason to alter preparations for when Britain leaves the EU. The agreement on Friday paves the way for arduous trade …
March 24, 2017
One afternoon in mid-January, Prime Minister Theresa May walked into a meeting room in the Swiss resort of Davos to face Wall Street’s most powerful bankers. May had delivered her vision two days earlier for pulling Britain out of the …
October 3, 2016
Large banks in Britain have clashed with other parts of the financial sector about who should be leading efforts to lobby the government over Brexit. Failing to present a united front could be damaging as the industry, Britain’s largest export …
June 13, 2016
It will take 30 years at the current pace of change for women to attain just 30 percent of the seats on executive committees in the financial services industry globally, an Oliver Wyman report said on Monday. Globally women account …
November 19, 2015
Warren Buffett’s favored banker, Byron Trott, is planning to expand his investment and financial advisory firm BDT Capital Partners in Europe with a London office to attract billionaire clients, sources familiar with the matter told Reuters. Chicago-based BDT, founded in …
April 24, 2014
British over-50s insurer Saga is planning to announce its intention to float next week in a London stock market debut that could value the company at £3 billion ($5.1 billion), two sources familiar with the matter said on Wednesday. The …
April 18, 2013
British insurer Aviva Plc will cut as many as 2,000 jobs worldwide in the latest cost-cutting drive aimed at revitalizing its flagging fortunes, the company confirmed on Thursday. Chief Executive Mark Wilson told staff the cuts would equate to around …