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Showing posts with the label Frankfurt

The City of London Comes Under Even More Pressure Because of Brexit: A Bind That Only Has One Winner

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Here in  Financial Regulation Matters we have looked at the potential landscape for British finance post-Brexit on a number of occasions. Firstly, we looked at the battle for the marquee names in the wake of the U.K.’s secession from the Union between France and Germany. Then, in a later post, we discussed the strength of one of the frontrunners in the battle for post-Brexit business – Dublin. So, in today’s post, we will look at how this issue is developing – as it will no doubt continue to – and how the City of London is being put under increased pressure. Yet, in keeping with the underlying sentiment of Financial Regulation Matters , we will conclude by looking at what effect these pressures may have upon the wider society, particularly in Britain but in Europe also. Earlier this week, it was announced that Barclays are in talks with Irish regulators about substantially increasing its presence in the Country after Brexit, with the company noting that Ireland represents...

The Battle for Financial Supremacy after Brexit

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Even though the U.K. Parliament has not yet formally signalled its intent to the leave the European Union, the understanding that they will is causing fervent speculation in a number of different areas. This is arguably because of the almost-common understanding that leaving an economic and political bloc must result in seismic shifts, simply owing to the very nature of things. So, in this post the focus will be on this shift, with a specific reference to the notion of power . At this current stage of proceedings we are seeing conscious strategies coming into focus as the battle for financial supremacy in the region begins to intensify, and it is these strategies that can detail for us the likely course of action that the different parties will take. In renegotiating and reorganising, the U.K. is currently experiencing what is, essentially, an identity crisis; it has long been dependent upon its Financial Services sector , and has been recognised, globally, as being a leading fina...