A push to make London more attractive as a global financial center after Brexit must not threaten high standards of solvency and behavior at banks, insurers and markets, the International Monetary Fund said on Wednesday. The IMF said in its …
Britain will unlock “tens of billions of pounds” of insurance sector capital that should boost the economy through infrastructure investment, financial services minister John Glen said on Monday. The six-year-old “Solvency II” capital requirements were inherited from the European Union …
Major banks in Britain made a slight dent in their gender pay gaps last year, according to a Reuters analysis, though industry observers say they still have a long way to go. Several insurers went backwards. Companies in Britain with …
LONDON — Britain’s financial sector has called on the government to ease visa requirements on overseas staff who want to work up to six months in the country to maintain global competitiveness. A Global Talent Mobility report from TheCityUK, City …
On the lower floors of HSBC Holdings Plc’s Canary Wharf headquarters, the desks are filling up. Traders, salespeople and close support staff not currently in the office have been told they are expected to be at their workstations on the …
The proportion of women on the board at 200 of Britain’s top financial firms has risen to nearly a third in the five years since the government launched an initiative to improve gender balance in the sector, a report on …
Britain’s finance minister pledged on Thursday to “sharpen” the competitive advantage of the UK financial services sector as he set out his vision for its future after the City of London lost business to the bloc after Brexit. In his …
LONDON – How people divide their working hours between home and office should develop naturally over time and not be forced into law, senior financial services industry officials said on Monday. Britain has indicated it may legislate to allow people …
Britain’s finance ministry called on the European Union to open talks on financial services, after the London Stock Exchange on Tuesday urged the bloc to avoid protectionism. Britain left the EU in December, largely cutting off the City of London’s …
The City of London’s ‘Golden Age’ as Europe’s financial capital is over following Brexit, but it will remain a major and profitable center, NatWest bank chairman Howard Davies said on Tuesday. The City has been largely cut off from the …
