Markus Ferber has stated London will be less attractive to do business if it does not comply with EU regulation.
Chief investment officers of some of the world’s best-known buy-side groups have urged investors to remain hopeful amid a possible recession, at a conference in London.
Eurex hopes to attract buy-side firms for its interest rate swaps clearing business.
S&P Global Ratings has confirmed it has lowered the UK’s sovereign credit rating by two notches from AAA to AA as a result of the vote to leave the European Union.
With politicians jostling for positions and a sea of red on traders' screens, The Trade considers how the UK's decision to leave the European Union will impact the financial services industry over the longer term.
The world’s largest fund management group has warned that it expects the UK’s “divorce” from the European Union to be “messy, drawn out and costly”.
Following a UK vote to leave the EU, banks are preparing for the expected volatility of European markets.
Half a day’s trading took place in just one hour on Bats’ European trading platforms today.
The FIA has urged the UK to ensure its derivatives rules will align with the EU.
JP Morgan may look to restructure following Brexit