Search Results for: Cameron
British pound plunged to fresh 31-year lows
July 6th, 2016
The British pound plunged to fresh 31-year lows on Wednesday, swamped by continued fears over the U.K. leadership vacuum and the country’s potential exit from the European Union (EU). The pound tumbled as low as $1.2796 during Asia trade on Wednesday, ...
EU To UK: No Free Trade A La Carte
July 4th, 2016
“There will be no single market ‘á la carte'” for the UK when it leaves the European Union (EU), according to Donald Tusk, President of the European Council. Tusk made the comment after an informal meeting on June 29 ...
Pound logs biggest quarterly drop since the financial crisis
July 1st, 2016
The British pound records its biggest quarterly drop since the financial crisis on Thursday after Bank of England Governor Mark Carney says the central bank would likely need to further ease monetary policy this summer. The British pound fell ...
Here Are 3 Crazy Scenarios In Which Brexit Doesn’t Happen
June 30th, 2016
The Brexit vote raised more questions than it answered. Thursday’s Brexit referendum, in which British voters supported leaving the European Union, sent shockwaves through financial markets all over the world. The pound has plunged. The U.K.’s stock market has ...
Who’s Happy After Brexit? Lawyers
June 30th, 2016
The happiest people in Britain today may well be the lawyers. Setting aside the symbolic meaning of the British vote to leave the European Union, practically speaking “Brexit” means tearing up hundreds of laws, rules and agreements governing everything ...
FINRA Fines Deutsche Bank Securities Inc. $6 Million
June 30th, 2016
The Financial Industry Regulatory Authority (FINRA) today announced it has fined Deutsche Bank Securities Inc. $6 million for failing to provide complete and accurate trade data in an automated format in a timely manner when requested by FINRA and ...
Global Shares, Pound Rally as Brexit Concerns Soften; Oil Soars
June 30th, 2016
S&P 500 jumps 1.7% as FTSE 100 rally erases post-Brexit loss Crude tops $49 a barrel as dollar slump boosts commodities Global stocks rallied for a second day, while the dollar weakened, amid speculation policy makers will move to ...
Brexit – What Does It Mean For Taxpayers?
June 29th, 2016
June 23rd, 2016, whether for good or for ill, will go down in history as the day on which the European Union became less united, setting in train an as-yet-uncertain, although widely speculated upon, sequence of events. The referendum ...
Asian Stocks Rise With Oil as Pound’s Rebound Stalls; Yen Gains
June 29th, 2016
Gold rises as industrial metals decline; oil back above $48 BOJ’s Kuroda says funds can be added to market as needed The relief rally endured, with Asian stocks rising in tandem with European equity index futures and oil amid ...
Brexit Aftermath: First Thing We Do, Hire All the Lawyers
June 28th, 2016
The U.K.’s decision to leave the European Union means years of uncertainty for bankers and investors—and years of extra work for lawyers. Members of the bar and their colleagues at accounting and consulting firms are shaping up as the ...
