Two prominent City of London figures have warned EU leaders about the dangers of stripping London of the lucrative euro clearing trade after Brexit. A proposed move could cost investors €100bn (£83bn) over five years, Xavier Rolet, chief executive of the London Stock Exchange, said on Monday. Seperately, Michael Spencer, founder of broker Icap described the [...]
Clearing
Brexit: Stripping London of £800bn clearing business could cost investors £80bn, says London Stock Exchange
May 22, 2017
Business
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Ucas Clearing system should be abolished, majority of students tell survey
More than half of students want to see Ucas Clearing completely abolished and, instead, be replaced by a system that enables them to reapply in September with their actual grades, according to a recent survey. Forum and wiki, The Student Room, spoke with just over 6,300 students to find almost 60 per cent want to [...]
March 31, 2016
Education
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Recent Posts
The development of digital currency and payments technologies could change how the Federal Reserve conducts monetary policy and the composition of its balance sheet, issues the central bank will need to work to understand, New [...]
