UK to Sign Deal Boosting City of London’s Post-Brexit Ties to Switzerland December 20, 2023 By Tom Metcalf and Bastian Benrath The UK and Switzerland will sign an agreement around financial services on Thursday, a post-Brexit accord to deepen ties between...
Insured Losses From Natural Catastrophes Set to Top $100 Billion for 3rd Year in a Row August 22, 2023 By Tom Metcalf and Marion Halftermeyer Claims for weather-related incidents are set to exceed $100 billion for the third year in a row, as floods, hail...
BOE’s Bailey Says UK’s Reforms of Insurance Capital Rules Increase Failure Risk by 20% March 7, 2023 By Tom Metcalf The governor of the Bank of England has told lawmakers that the UK government’s plans to reform insurance capital rules...
UK Financial Services Firms Fear Rise in Loan Defaults: CBI/PwC Survey January 12, 2023 By Tom Metcalf An increasing number of the UK’s financial services firms expect a rise in loan defaults in the next three months,...
Rise of Remote Work to Define Future of City of London May 18, 2022 By Tom Metcalf More than 85% of UK finance workers no longer view the office as their main place of work, highlighting the...
Banks, Asset Managers, Representing 40% of World’s Assets, Vow to Meet Climate Goals November 3, 2021 By Tom Metcalf and Alex Morales Banks and asset managers representing 40% of the world’s financial assets have now pledged to meet the goals set out...
Workers in London’s Financial Services Industry Are Returning to Their Desks in Droves September 20, 2021 By Harry Wilson and Tom Metcalf On the lower floors of HSBC Holdings Plc’s Canary Wharf headquarters, the desks are filling up. Traders, salespeople and close...
Van Gogh Theft Focuses Attention on Empty Museums’ Security During COVID-19 Crisis April 8, 2020 By Katya Kazakina, Tom Metcalf and Amanda Gordon The break-in lasted just minutes. At 3 a.m. on Monday, a thief — or thieves — forced open the glass...
Unpicking the Complicated Finances of UK Insurance Exec, Pro-Brexit Donor Banks February 25, 2019 By Tom Metcalf and Stephanie Baker Ever since Brexit supporter Arron Banks made the largest political donation in British history he’s been dogged by questions about...