Search Results for: Brexit
KPMG in the UK announces partner and director promotions
October 11th, 2016
KPMG in the UK has announced the promotion of 40 partners and 108 directors. Simon Collins, UK Chairman of KPMG, commented: “These promotions recognise some of the brightest and best talent in our firm, who have mobilised their skills ...
Goldman Sachs to axe 2000 London jobs if passporting rights lost, report says
October 11th, 2016
Goldman Sachs has drawn up plans to transfer as many as 2000 employees out of London to a new banking centre in Europe should the UK lose its passporting rights, the Independent newspaper reported. The passporting rights allow UK-based ...
Dubai to overtake London as top pick for wealthy GCC investors
October 10th, 2016
Dubai’s property market is set to overtake the international destinations of London, New York and Singapore as the top choice for the GCC’s wealthiest investors next year, a report has found. The region’s high net worth individuals ($1m-plus) ranked ...
Trade deals – a global issue
October 7th, 2016
The annual Conservative Party conference commenced last Sunday, and the media focus was mostly about the Government’s stance on Brexit. This is hardly surprising, because Mrs May is being secretive, avoiding stoking a public spat with the EU by ...
Asia Stocks Fall as Pound’s Flash Crash Supports Yen, Treasuries
October 7th, 2016
Sterling briefly sinks as much as 6.1%, most since Brexit Dollar gains as Fed rate-hike bets build before payrolls Asian stocks fell with U.S. equity index futures and the yen strengthened after a sudden plunge in the pound spooked ...
Pound Plumbs New 31-Year Lows Against Dollar
October 5th, 2016
The British pound continued to slump in trading Wednesday, touching fresh 31-year lows against the dollar, and a new five-year low against the euro. Sterling fell to as low as €1.1309 as markets opened in Europe, surpassing its 2013 lows and ...
Dollar hovers near two-month high, euro extends bounce
October 5th, 2016
The dollar hovered near a two-month high against a basket of currencies on Wednesday, lifted by hawkish comments from a Federal Reserve official and higher U.S. Treasury yields. The euro also extended its bounce following a report of potential ...
Dollar Climbs on Fed Bets as Australian Bonds Sink; Oil Retreats
October 4th, 2016
Japanese stocks advance as yen weakens for a sixth day Regional sovereign debt slides amid U.S. rate-hike speculation The dollar strengthened for a sixth day versus the yen and sovereign bonds fell as American manufacturing data and hawkish comments ...
PwC to integrate PwC legal into its UK business
October 3rd, 2016
PwC, the professional services firm, is to integrate PwC Legal into its UK business with effect from 1 October to become a multi-disciplinary practice. This follows the approval by the Solicitors Regulation Authority (SRA) of PwC Legal as an ...
Asian Stocks Rebound as Deutsche Bank Concern Ebbs; Pound Drops
October 3rd, 2016
German lender’s U.S. fine reported to be less than feared U.K.’s May says Brexit process to start by end of March Asian stocks rose and regional bonds fell as concern about Deutsche Bank AG’s finances eased after the lender ...
