- Reuters - UK Focus•25 minutes ago
HSBC became the first major bank to detail plans to move jobs out of London after Brexit, saying it will relocate staff responsible for generating around a fifth of its UK-based trading revenue to Paris after Britain leaves the EU. Major financial firms warned for months before Britain's referendum on European Union membership in June that they would move jobs out of the country if there was a vote to leave, but have set out few details since on how many will go or where to.
- Reuters - UK Focus•18 hours ago
Ireland's central bank has had over 100 inquiries from UK financial firms considering moving operations as a result of Britain's vote to leave the European Union, Finance Minister Michael Noonan said on ...
- Reuters - UK Focus•4 days ago
The European Union's Brexit negotiator Michel Barnier said on Saturday (Shenzhen: 002291.SZ - news) that the EU will demand "special vigilance" before letting British financial firms access the bloc because of the large risk London could pose to the EU's financial stability. An EU spokesman said the Guardian report did "not correctly reflect" Barnier's comments to a closed door meeting with members of the European Parliament last week. EU officials said the point Barnier was making when asked about Brussels' willingness after Brexit to recognise British financial regulations as "equivalent" in rigour to those of the EU was that, as a lot of EU business was likely to still pass through the City, EU equivalence rules would have to be much more tightly drafted compared to those for smaller centres.
CIN.L: Summary for CITY OF LONDON GROUP PLC ORD 10 - Yahoo Finance
City of London Group plc (CIN.L)
LSE - LSE Delayed price. Currency in GBp
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|Bid||3.75 x 1000000|
|Ask||4.00 x 1000000|
|Day's range||3.75 - 3.75|
|52-week range||2.50 - 26.00|
|PE ratio (TTM)||-15.37|
|Dividend & yield||N/A (N/A)|
|1y target est||N/A|