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Barricades in Paris make Brexit bankers think again

Frankfurt suddenly looks more attractive amid the ‘gilets jaunes’ protests

deVere CEO: The pound is shackled by Brexit

The warning from Nigel Green, founder and chief executive of deVere Group, comes as sterling remains vulnerable to every twist and turn to the political saga over the UK’s exit of the European Union.

UK secures no improvements in future EU financial services access

It proposed an “enhanced” or more accommodative version of equivalence, but the latest draft only says that both sides will keep their respective equivalence frameworks “under review”.

Brexit cost investor Isa tax breaks as fund transfers to Luxembourg

An admin blunder saw cash lose its Isa status in move to the Continent

Brexit: Draft Withdrawal Agreement and Political Declaration

RECALLING that, pursuant to Article 50 TEU, in conjunction with Article 106a of the Euratom Treaty, and subject to the arrangements laid down in this Agreement, the law of the Union and of Euratom in its entirety ceases to apply to the United Kingdom

European Central Bank warns Ireland to prepare for no-deal Brexit

IRELAND has been warned to prepare for a no-deal Brexit by European Central Bank (ECB) boss Mario Draghi.

France’s Top 3 Banks Prepare to Cut U.K. Staff Because of Brexit

Credit Agricole is currently preparing to relocate as many as 100 positions from London to Paris and other cities, and it will continue to adapt staffing based on business needs, Grivet said.

Alarm Raised by EU Loyalist Over ‘Cliff Edge’ Facing Banks

“I’ve pushed hard for the EU Commission to start preparing for a no-deal Brexit,” Rasmussen said in an interview on Friday.

Brexit and Financial Services: The Final Countdown

Given that at the point of Brexit the UK will have identical rules to the EU, the UK Government has proposed that there should be reciprocal recognition of equivalence under all existing third country regimes

UK demand for Irish passports surges as Brexit nears

Details of the surge came as the immigration minister warned that Britons travelling in Europe could face long delays in airport queues if there is a no-deal Brexit.

France and Italy dangle juiciest EU tax breaks for Brexit bankers

Incentives part of efforts to lure financial services jobs to continent

The U.K. and EU Have Reportedly Reached a Brexit Deal on Financial Services

If the EU decides the U.K.’s rules are no longer equivalent, it would give “significantly longer” than the 30 days set out in current deals.

UBS to shift 64 jobs from London in initial Brexit move

The majority of those affected by the UK leaving the EU will go to Frankfurt, and more could follow

Australia is the latest country whose banks are planning to abandon London as Brexit looms

Many foreign financial institutions are frustrated — like many UK businesses — by the lack of any real clarity over what sort of Brexit the UK will actually achieve when the Article 50 period runs out in March next year.

EU pledges access to UK clearing houses in no-deal Brexit

Short-term permission reflects Brussels’ fears over financial stability of bloc

Barclays Moves Staff Amid Brexit

The move will not affect relationship managers who cover Swiss clients

No ‘white knight’ for banks in no-deal Brexit, EU regulator warns

Moves from UK to eurozone cannot simply be ‘letterbox’ relocations, says Elke König

Bank of England’s approach to financial services legislation under the European Union (Withdrawal) Act

The position remains that in all but certain limited exceptions – as set out in today’s announcement - UK regulated firms do not need to take action now to implement changes in UK law arising from the UK’s withdrawal by March 2019.

UK and EU agree post-Brexit deal on Gibraltar

Gibraltar’s status as part of the UK signed off by Spain

Brexit worries sink UK banks

The prospect of a ‘no deal’ outcome is rising, and this is hurting UK bank stocks.