Wed Feb 1, 2017 | 10:56am EST
Reuters
By Anjuli Davies, Andrew MacAskill and John O'Donnell | LONDON/FRANKFURT
Regulators in European countries competing for post-Brexit banking business are offering London-based banks a range of short-term workarounds to help them relocate, bankers, regulators and lawyers say.
Global banks have warned they might have to move their European bases from Britain if its departure from the European Union means they lose "passporting" rights to operate across the bloc under the supervision of just one member state's regulator.
Brexit negotiations have yet to start and will take years but big centers like Frankfurt and Paris, as well as smaller ones like Dublin, Amsterdam and Luxembourg, are encouraging banks, insurers and fund managers to consider moving to them.
"Ό,τι η ψυχή επιθυμεί, αυτό και πιστεύει." Δημοσθένης (Whatever the soul wishes, thats what it believes, Demosthenes)
Showing posts with label Finance. Show all posts
Showing posts with label Finance. Show all posts
Thursday, February 2, 2017
Wednesday, November 16, 2016
Another Financial Warning Sign Is Flashing in China
Bloomberg
Bloomberg News
November 15, 2016 — 11:00 PM EET
Add another credit indicator to the financial warning signs flashing in China.
The adjusted loan-to-deposit ratio, which includes a range of off-balance sheet items and is an indicator of the banking system’s ability to weather stress, climbed to 80 percent as of June 30, according to S&P Global Ratings. For some smaller lenders, the ratio has already topped 100 percent, S&P estimates.
Thursday, October 27, 2016
Why India Is A Better Investment Bet Than China
OCT 26, 2016 @ 08:14 PM 5,942 VIEWS
Forbes
Panos Mourdoukoutas , CONTRIBUTOR,
"I cover global markets, business and investment strategy "
Opinions expressed by Forbes Contributors are their own.
China may be the world’s largest emerging economy, beating India in many economic and financial indicators. But India is beating China in an indicator that matters the most to emerging market investing: financial market development. This means that India is less prone to a financial crisis than China, and therefore, a better investment than China.
Forbes
Panos Mourdoukoutas , CONTRIBUTOR,
"I cover global markets, business and investment strategy "
Opinions expressed by Forbes Contributors are their own.
China may be the world’s largest emerging economy, beating India in many economic and financial indicators. But India is beating China in an indicator that matters the most to emerging market investing: financial market development. This means that India is less prone to a financial crisis than China, and therefore, a better investment than China.
Tuesday, January 5, 2016
How ISIS runs its economy
By
Financial Times
From the
site of the World Economic Forum
Dec 16 2015
This
article is published in collaboration with The Financial Times.
Even under
jihadi rule, death and taxes remain the two great certainties of life. Some
learn that the hard way.
As Isis
officials announced a religious tithe known as zakat last summer, Mansour, a
26-year-old grocery storekeeper in eastern Syria , stalled payment while he
tried to cook his books.
Wednesday, December 4, 2013
This one number explains how China is taking over the world
Posted by
Neil Irwin on December 3, 2013 at 12:40 pm
The Washington Post
An
announcement Tuesday by the obscure-sounding Society for Worldwide Interbank
Financial Telecommunication, better known as SWIFT, may not get much ink. China 's
currency, it reported, was used in 8.66 percent of global trade finance
transactions in October, the group said. It's now the No. 2 most widely used
currency for trade finance, supplanting the euro.
But that is
a lot more important than it might sound. It gives an important window into how
the global economy is changing--and why America 's long reign of economic
dominance is at risk.
Subscribe to:
Posts (Atom)