Search Results for: Bank of England
Brexit is getting the blame
June 17th, 2016
Brexit is not the most important problem facing markets, it is mounting problems in the European banks. But before looking at that systemic issue, I will summarise the Brexit position, from the trenches, in the last few days before ...
Brexit fears wipe £100bn off FTSE 100 in four days
June 15th, 2016
Sterling and shares have slid as the City reacts to polls showing the Leave on track to win next week’s referendum Brexit panic sends London shares sliding Britain’s stock market has hit a new three-month low as Brexit worries ...
Pound Tumbles, Volatility Jumps After Polls Show Brexit Momentum
June 6th, 2016
ITV poll shows Brexit ahead 45% to 41%; TNS has 43% to 41% One-month volatility at seven-year high before June 23 vote The pound slumped to a three-week low after polls showed more Britons favor exiting the European Union, reviving ...
U.K. Stocks Show Calm Before Brexit Storm as Pound Traders Fret
June 3rd, 2016
FTSE 100 volatility index at lowest vs currency counterpart U.K. shares’ dividend yield greater than global equity index Less than three weeks before Britain votes on its membership in the European Union, the country’s equity investors are much less ...
What happens next if Britain votes to leave the EU?
June 2nd, 2016
The first hours By the early hours of Friday 24 June, it will be clear if the UK has defied the experts and pollsters by voting to leave the European Union. If that happens, a shattered David Cameron, his leadership ...
FCA Research into the issue of de-risking
May 25th, 2016
The Financial Conduct Authority has issued a press release to make publish a research regarding the issue of de-risking. Below is the announcement as published from FCA: The FCA, along with fellow agencies and authorities, has a long-standing programme ...
IMF warns on “very bad” consequences of Brexit
May 16th, 2016
The consequences of Brexit would be “pretty bad, to very, very bad”, according to International Monetary Fund chief Christine Lagarde. Speaking at the launch of the Washington-based lender’s most recent review of the UK economy, Lagarde gave a bleak ...
LCH announced management appointments
April 27th, 2016
Daniel Maguire appointed Global Head of Rates & FX Derivatives Paddy Boyle joins as Head of FX Product LCH, the global clearing house, is pleased to announce two senior executive appointments. Effective 1 May 2016, Daniel Maguire will assume ...
PwC launches New Global Technology Team to Tap into Blockchain
April 5th, 2016
PwC has recruited 15 leading technology specialists to exploit and commercialise Blockchain, the technology that powers the crypto-currency, Bitcoin. The new Blockchain team will be based in PwC’s Belfast office and is expected to grow to over 40 digital ...
IMF warns that an economic crisis in China could cause global recession again
April 5th, 2016
An economic crisis in China could result in a world-wide recession, warned the International Monetary Fund (IMF). This was because China’s financial links with the rest of the global economy was set to increase, the organisation said ahead of ...
