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Italy may trigger collapse of European economy
July 11th, 2016
No emergency measures of either the European Central Bank or any other central banks can rescue the European banking system that currently stands on the verge of collapse. The shares of Europe’s largest financial institutions – Deutsche Bank and ...
Playtech announced the appointment of an independent Non-Executive Director
July 11th, 2016
Playtech (LSE: PTEC) announced the appointment of Claire Milne as an independent Non-Executive Director with immediate effect. Claire will join Playtech’s Remuneration Committee, Risk & Compliance Committee, Audit Committee, and Nominations Committee. Claire joins the Board as a recognised ...
Here Are 3 Crazy Scenarios In Which Brexit Doesn’t Happen
June 30th, 2016
The Brexit vote raised more questions than it answered. Thursday’s Brexit referendum, in which British voters supported leaving the European Union, sent shockwaves through financial markets all over the world. The pound has plunged. The U.K.’s stock market has ...
Brexit – What Does It Mean For Taxpayers?
June 29th, 2016
June 23rd, 2016, whether for good or for ill, will go down in history as the day on which the European Union became less united, setting in train an as-yet-uncertain, although widely speculated upon, sequence of events. The referendum ...
Moody’s downgrades outlook on 12 UK banks following UK vote to leave the EU
June 29th, 2016
Moody’s Investors Service has today changed the outlooks on the ratings of 12 UK banks and building societies. Simultaneously, the rating agency has changed the outlook on the UK banking system to negative from stable. The actions follow a ...
Cameron Heads to Last Supper in Brussels Amid Impasse in London
June 28th, 2016
Two-day EU summit to consider first steps after U.K. vote British influence in bloc has waned even before talks start U.K. Prime Minister David Cameron is set to face his fellow European Union leaders for the first time since ...
U.S.-UK alliance seen outweighing Brexit trade concerns
June 28th, 2016
The United States looks unlikely to follow through on a threat to relegate Britain to second-class trade status once its ally leaves the European Union, as it weighs the potential costs of undermining the countries’ close diplomatic and military ...
Pound Tumbles for a Second Day as Brexit Spurs Political Chaos
June 27th, 2016
Brexit vote reverberates across nation’s political spectrum Sterling drop only half what we’ll see in 2016: Standard Bank The big question for pound traders may have been answered, but the outlook for the currency is murkier than ever. Sterling dropped ...
Winners of Brexit; What happens now
June 24th, 2016
On Thursday, the British public voted to leave the European Union, a shocking result that flew in the face of betting markets and professional prediction firms. On each side of the discussion around the British exit, or Brexit, stood ...
What will the EU referendum mean for markets?
June 22nd, 2016
The opposing sides of the EU referendum campaign have each laid claim to the key issues surrounding a potential Brexit. The two camps have traded blows over sovereignty, economics and the political ramifications of leaving. But what are the ...