Financial News
Brexit equivalence deal for City is now so unachievable it’s ‘silly’ to bother Six months from now, people will have almost forgotten there is such a thing as equivalence
“Six months from now, people will have almost forgotten there is such a thing as equivalence,” said a senior lobbyist at a bank in London Getty Images By Monday March 15, 2021 12:01 am
There’s a growing consensus forming across the City: The finance sector’s post-Brexit future will be one without equivalence.
Six senior City lobbyists at London’s largest banks and trade groups, as well as regulatory advisers to finance s most senior executives told Financial News that they are now preparing for a Brexit deal that does not hinge on equivalence - where the EU allows those with matching standards access to its markets.
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SACRAMENTO, Calif., March 3, 2021 /PRNewswire/
One, the new digital banking platform focused on improving the financial health and well-being of the middle class, today announced that Barbara Yastine, former Chair and CEO of Ally Bank, has been added to One s board of directors, along with Jay Shah, the President of Personal Capital. Michael Costigan, a former executive with Aspiration, has also joined One s leadership team in the role of VP of Business Development
One is a new banking service that makes managing, saving and growing household savings and affordable credit more intuitive and accessible. Through design, technology and business model innovation, One has created a bank purpose-built for middle-income individuals and families whose offerings include:
City of London to halt the removal of slavery-era statue
City councillors will now consider a range of options for the statue, including the addition of a plaque By Monday February 22, 2021 5:36 pm
The removal of a statue depicting a former London lord mayor from the 18th century has been halted, after a committee of councillors opted to review further options.
Acting as lord mayor in 1762 and 1769, William Beckford made his vast wealth from plantations in Jamaica, which was largely staffed by enslaved people.
On 21 January City councillors.
Financial News
Dutch regulator calls out London firms’ Covid excuse in Brexit staff move delay
UK financial services firms seeking to set up post-Brexit hubs in Amsterdam have been using the Covid pandemic as ‘a welcome excuse’
The regulator s comments follow news of a pronounced shift in equity trading to venues in the EU Getty Images By Wednesday February 17, 2021 4:24 pm
UK financial services firms seeking to set up post-Brexit hubs in Amsterdam have been using the Covid pandemic as a welcome excuse not to shift the required number of staff to the European trading bloc, a senior executive at the Dutch capital s financial regulator has said.