According to Aston’s Martin’s CEO, Andy Palmer, investor interest in the IPO is high. The IPO will mark the 1st time a British carmaker has tapped the primary market in decades. On Thursday, British luxury carmaker Aston Martin stated, it… Read More ›
passporting rights
New York has become the world’s most attractive financial center
Brexit has cost London the title of the world’s most attractive financial center. According to the results of a survey released on Wednesday, New York, United States, has overtaken London as the world’s most attractive financial center following Britain’s decision… Read More ›
Looks like Britain is in a hurry to lose its financial clout
Cultivated and cultured for decades, Britain has since long been a center for finance for the world over. If its nonchalant unpreparedness that it has demonstrated in the Brexit negotiations so far is of any clue, it risks losing its… Read More ›
Britain sets Brexit terms – wants frictionless trade
Does this amount to wanting to have the cake and eat it too? EU’s chief Brexit negotiator had earlier made it amply clear, once Britain leaves the bloc, frictionless trade is not possible. In the wake of the shock outcome… Read More ›
BMW to decide location of its electric Mini plant by Sept 30
The uncertainty surrounding Britain, especially after the outcome of its June 8 snap elections, is taking a toll on the health of its economy. As per a board member for sales at BMW, the carmaker will take a decision as… Read More ›
BMW to decide location of its electric Mini plant by Sept 30
The uncertainty surrounding Britain, especially after the outcome of its June 8 snap elections, is taking a toll on the health of its economy. As per a board member for sales at BMW, the carmaker will take a decision as… Read More ›
There are advantages to remaining within the European customs union
The life of Britain’s successful auto industry hangs in the balance. On Tuesday, Britain’s car industry set out its list of Brexit demands to British Prime Minister Theresa May’s government, warning that a return to WTO rules could permanently damage… Read More ›
ECB holds onto quality standards as EU’s states lure London-based institutions
Although financial institutions have yet to publicly acknowledge their relocation to EU states, the migration is on and finer details are being worked out quietly. In what is forming out to be a strategic development, a gap in the financial… Read More ›
ECB’s will provide sufficient time for banks moving out of Britain
Banks based out of Britain who want to retain their passporting rights and still able to tap EU’s single market will be given enough time, possibly in years. Sabine Lautenschlaeger, an executive board member of the European Central Bank has… Read More ›
Goldman Sachs will relocate to a European city
The bank has reiterated that will continue to service its European customers regardless of its relocation efforts. Its services across Europe will not be affected by the move. As part of its contingency plans, Goldman Sachs Europe’s CEO has disclosed… Read More ›