Edition:
United States

Huw Jones

Brexit inertia means London's finance workers face summer slump

Apr 18 2019

LONDON The weeks before Easter are usually some of the busiest of the year for bankers, lawyers and consultants in the City of London, as clients rush to get deals done before a run of public holidays.

France points way for UK shake up of audit market

Apr 18 2019

LONDON Taking on the Big Four accounting firms will remain a lengthy and costly challenge for smaller rivals in Britain despite the regulatory leg-up unveiled on Thursday, but France has shown it can be done over a decade.

Brexit inertia means London's finance workers face summer slump

Apr 18 2019

LONDON, April 18 The weeks before Easter are usually some of the busiest of the year for bankers, lawyers and consultants in the City of London, as clients rush to get deals done before a run of public holidays.

UK watchdog orders ringfencing of Big Four audit business

Apr 18 2019

LONDON Britain's "Big Four" accounting firms must ringfence auditing from their consultancy work, the country's competition watchdog said on Thursday in a response to book-keeping failures such as at construction company Carillion and retailer BHS.

UPDATE 1-UK markets watchdog bolsters protection of pension scheme members

Apr 15 2019

LONDON, April 15 Committees that check if employees get a good deal from their work pension should also consider how retirement schemes examine the impact of climate change on investments, Britain's markets watchdog proposed on Monday.

City of London downbeat over EU market access after Brexit

Apr 10 2019

LONDON Britain's massive financial services sector won't get special access to the European Union after Brexit, City of London financial district chief Catherine McGuinness said on Wednesday.

Aquis Exchange revises no-deal Brexit share trading strategy

Apr 09 2019

LONDON Aquis Exchange has revised its no-deal Brexit strategy in an effort to steal a march on rivals in the face of curbs on where investors can buy and sell stocks.

Global regulators sharpen focus on looser lending, Brexit risk

Apr 09 2019

LONDON Global financial regulators are developing a coordinated surveillance system to spot new threats from looser lending standards and high asset values, the chair of the Financial Stability Board (FSB) said on Tuesday.

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