Brexit

144 articles tagged with this keyword

/Brexit

Transferwise boss warns fintech startups against Brexit Britain

At a government-backed conference designed to trumpet the UK as a post-Brexit fintech powerhouse, the CEO of Transferwise went off-message, suggesting startups should avoid London and confirming that his own firm will move its European headquarters to the mainland.

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Chancellor and BofE governor bang the post-Brexit drum for UK fintech

Phillip Hammond, the UK Chancellor, has highlighted the critical role played by fintech in helping the UK to mitigate any negative economic impact that may result from Brexit.

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First Islamic fintech gets UK regulator's approval

A London-based start-up claims it is the first shariah-compliant fintech to be given regulatory approval in the UK.

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Challenger banks and incumbents to share the stage for Finextra NextGen conference

A strong line-up of challenger banks, established banks and fintech startups will take to the podium at Finextra's forthcoming NextGen banking event in London on 9 May to debate the disruptive forces reshaping the banking sector.

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Brexit to drive corporate banking shake up

Saxo Payments says the UK's exit from the European Union could have a devastating impact of bank-to-corporate relationships, with one-third of companiess surveyed by the bank considering moving their operations out of Britain when Article 50 is triggered.

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HQ row fingered over likely LSE-Deutsche Bourse deal collapse

As the £21 billion London Stock Exchange-Deutsche Bourse merger nears collapse, speculation is mounting that a fallout over the location of the combined group's headquarters - not the LSE's stake in Italy's MTS - is behind the deal's failure.

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Paris to build seven new skyscrapers to accommodate banks fleeing Britain

Parisian business district La Défense is to build seven new skyscrapers over the next five years to accommodate an expected influx of demand from banks fleeing post-Brexit Britain.

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Investment in UK fintech drops by a third in 2016

VC investment in UK fintech dipped dramatically in 2016, showing a 33.7% downward slide to $783 million, in contrast to the $1.2 billion raised in the pre-Brexit 2015 glory days.

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UK Government to host international fintech conference as Brexit shadow looms

The UK Government is to host an international fintech conference in April in a bid to attract more investment into London's financial technology hub.

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Accenture beats Brexit blues with largest-ever London startup programme

Accenture is banishing the Brexit blues by running its largest ever fintech accelerator programme in London after fielding more than 300 applicants from around the globe.

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Belgium builds fintech bridge to London

While other major European capitals play to Brexit fears in a bid to steal the UK's leading fintech hub status, Belgium is taking a different approach by seeking to build a mutually supportive bridge between startups across both jurisdictions.

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US regulator cites fintech as risk to banking system

Emerging financial technology poses a threat to US banks that are unable to compete with this developing field, according to an official report from the US Office of the Comptroller of the Currency (OCC).

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Finextra's 2016 in review

As Finextra pulls the shutters down on 2016, we take a look back at our most popular news stories, videos, and community engagement activities over the course of the past year. The site will re-open for business on 3 January 2017.

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Lithuania makes a pitch for post-Brexit UK fintech firms

Lithuania is looking to become the destination of choice for UK fintech firms seeking EU passporting rights in post-Brexit Britain.

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A third of London's City workers could face relocation in wake of Brexit - survey

Almost one in three workers in London face an uncertain future over their employer's plans to relocate the business.

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Swiss government looks to ease rules for fintechs

A division of the Swiss government has called for an easing of regulations for fintech firms in favour of a more forward-thinking approach, including a special 'fintech' license.

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Brexit depression casts dark cloud over UK fintech investment

The depressing Brexit effect on UK fintech investment is starkly illustrated in Q3 figures prepared for Innovate Finance which show a 26% drop in funding for British startups.

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London-Shanghai Stock Connect gets green light; fintech bridge to China agreed

Plans for London-Shanghai Stock Connect have been greenlighted by the British Government as the country looks to expand global trade ties in a post-Brexit world.

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Brexit poll paints confused picture for London's prospects

As if to prove that the UK's banks are as clueless as the Government over the impact of Brexit on financial services, a new poll finds that while three quarters believe that London will remain the financial centre of Europe in five years time, 55% have set up Steering Committees to draw up relocation plans and contemplate their options in the event of British exile.

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LMAX to move regulatory oversight to Ireland in the absence of passporting deal

FCA regulated FX trading venue LMAX Exchange has warned that it will switch regulatory oversight to Ireland unless the British government preserves the EU single market passporting rights for the financial services industry.