- Reuters - UK Focus•12 days ago
The European Union will focus on infrastructure, green and risk finance to boost funding for the economy, a European Commission vice president said on Tuesday, noting Britain's departure could deprive the EU of its largest financial centre. The commission launched a plan in 2015 to create a capital market union (CMU) by 2019 to smooth the movement of capital across national borders and reduce the EU economy's reliance on banks for loans. "The prospect of Europe's largest financial centre leaving the single market makes our task more challenging, but all the more important," Commissioner Valdis Dombrovskis told a finance conference in Brussels.
- Sky News•16 days ago
The world economy is sitting at a "fork in the road", according to the Governor of the Bank of England, who says Brexit could be a "litmus test" for the world. Mark Carney used a speech in the City of London (LSE: CIN.L - news) to outline his vision of how Britain's financial system could react to the country's withdrawal from the European Union. Mr Carney said that the UK and the rest of the EU had common interests and were "ideally positioned" to strike a deal over financial services, and he outlined a vision of how that structure could work in years to come.
- Reuters - UK Focus•16 days ago
Following are highlights from Bank of England Governor Mark Carney's speech on international banking at Thomson Reuters' headquarters in London on Friday. To watch the event live, please click on: http://reut.rs/2nWLFGo ...
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||0.00 x 1000000|
|Ask||0.00 x 1000000|
|Day's range||4.01 - 4.22|
|52-week range||2.50 - 11.25|
|PE ratio (TTM)||-18.32|
|Dividend & yield||N/A (N/A)|
|1y target est||N/A|