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Financial firms in talks with Amsterdam over relocation from London

Dutch capital confirms negotiations in wake of Brexit vote but country’s strict cap on bankers’ bonuses remains an obstacle<p>Amsterdam is in talks with major financial institutions based in the city of London about their imminent relocation to the Dutch capital, but its deputy mayor has warned the …

Europe

British insurers ‘will be more competitive after Brexit’

Britain’s powerful insurance industry has been hamstrung by EU regulations and will become stronger and more competitive once Brexit takes place, financial services bosses believe.<p>Tough regulations called Solvency 2 have been implemented differently in each country around the EU, with the result …

Frankfurt campaign to win 'Brexit bankers' gathers pace

As Britain prepares to officially begin its departure from the European Union, Frankfurt will host a meeting with more than 20 foreign banks as …

Morgan Stanley, Citi plan Brexit job moves - sources

LONDON/FRANKFURT (Reuters) - U.S. banks Morgan Stanley (MS.N) and Citigroup (C.N) have identified many of the roles that will need to be moved from Britain following its exit from the European Union, sources involved in the processes told Reuters.<p>A view of the Morgan Stanley London headquarters at …

FUND MANAGER: Delaying triggering Article 50 may 'speed up' company relocations in Europe

LONDON — The longer it takes for Britain to trigger Article 50, and thereby start the formal two-year Brexit negotiation talks, the more likely it is that companies will "postpone business investment decisions ... or, worse, speed up decisions to relocate some operations outside," according to a …

Survey shows 40% of US firms with bases in UK considering relocation amid Brexit fears

Food and beverage, life sciences and financial services firms were most likely to consider relocating.<p>Almost 40% of US companies that have bases in …

House Of Lords Sees Danger Of 'Lose-Lose' For U.K. Financial Services In Brexit

The U.K. Government has a lot of work to do on achieving the reality of Brexit – the decision that the U.K. must leave the European Union (EU) resulting from the June referendum vote. It must first, early in the negotiation process, agree a transitional period so as “to prevent U.K. based financial …

Philip Hammond: Japanese banks are concerned about Brexit

Japan’s financial sector has “concerns” about Britain’s exit from the European Union, Philip Hammond said on Thursday after he sought to reassure the country’s banks that London was striving to guarantee them “maximum possible access” to EU markets post-Brexit.<p>The chancellor, who is in Japan to …

Philip Hammond

Euro clearing may move from London but only after Brexit: source | Reuters

BRUSSELS (Reuters) - The European Union is considering legislative measures to move London’s euro-denominated clearing business to the euro zone, but the changes would apply only after Britain leaves the bloc, an EU official told Reuters on Thursday.<p>London dominates clearing of derivatives …

Create a Better Digital Marketing Strategy With These 4 Tips

Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>We all know the drill. To be competitive these days, brands need to engage with customers regularly. Technology and social platforms have made it easy to do so, and there seems to be no shortage of opportunities for engagement.<p>The problem …