Frankfurt Main Finance, the lobbying group, is warning that London will lose up to €800bn (£700bn) in assets to Frankfurt by March as banks begin moving business to Germany ahead of Brexit. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
European Union leaders have approved a treaty with Theresa May outlining Brexit terms with the U.K. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
Brexit is still being hammered out. Much remains to be done, and amid political wrangling, the future of what financial services will look like after the divorce between the UK and the EU remains uncertain. From passporting to equivalence, here are a few lingering issues.
The United Kingdom and the European Union have come to an agreement that will give London’s financial center basic access to the EU’s markets after Brexit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
As U.K. gears up to leave the EU, questions arise over cross-border trade and payments. Might technology be a salve? One study from Nexus found that blockchain is getting consideration from mid- to large-sized companies ahead of the 2019 separation.
Great Britain could be headed toward a long recession if it can’t strike a Brexit deal. Credit ratings agency Standard & Poor’s (S&P) warned that failing to make a deal might bring Britain into a recession that could last as long as the one sparked by...
The CEO of Jaguar Land Rover has warned that key industries will be destroyed by a hard Brexit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
Aston Martin and Funding Circle, two high-profile companies that went public in London, aren’t fairing well as public companies — which bankers in the U.K. warned could hurt future IPOs for the remainder of this year. Get the Full Story Complete the form to unlock...
The U.K.’s request for the European Union to expand its financial market access after Brexit isn’t going to be met in the near future. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
