UK Government “Stands Ready to Help” Banking Sector
Summary Analysis: United Kingdom Chancellor of the Exchequer Phillip Hammond convened a meeting with chairmen from several of the region’s top banks, including Lloyds, RBS,...
Read MoreGlobal Banks Elevate Passporting Concerns Post-Brexit
Summary Analysis: With little progress made to flesh out the terms of Brexit in advance of formal negotiations, the banking community has begun to express concern. In particular, global banks have lobbied United Kingdom (UK) Prime Minister Theresa May to maintain financial passporting rights even after the completion of Brexit. It appears the industry is […]
Read MoreWith UK Preoccupied, CFTC Steps Up to Monitor Commodities
United States (US) regulators are concerned that the frenzy created by Brexit will absorb increasing attention from United Kingdom (UK) and European Union (EU) regulators,...
Read MoreBrexit – what does the stunning news of UK’s departure mean for Financial Services in the UK?
The first thing is to say that nothing will happen immediately as there will be a minimum of two years of negotiation before withdrawal occurs. In the meantime, the UK’s...
Read MoreEuropean Banks Lose Billions in Value after Brexit Results
European Banks Lose Billions in Value after Brexit Results Summary Analysis: European banks are already experiencing the impacts of the United Kingdom’s (UK) referendum to...
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