- The European Banking News Network -Wealth, private banking and asset management news and opinion

Boris Johnson cautious over Brexit bank holiday proposals

The Foreign Secretary made clear he was wary of attempting to ‘impose a celebration’ on voters.

Theresa May is being driven inexorably towards a medium-soft Brexit

The prime minister ought to accept the inevitable and start to put the national interest ahead of the needs of party management

Brexit costs households £900 a year, says Mark Carney

Bank chief accused of playing politics over EU

Fund managers begin to see a Brexit silver lining

The threats of a poor deal, onerous regulation and an exodus of talent are receding, say industry insiders

Britain Seeks $40 Billion Investment to Boost Economy After Brexit

The Department for International Trade will promote the projects to investors overseas and more will be added in the coming months.

Bankers With Broken English Are Luxembourg's Brexit Bottleneck

While the country’s tiny capital, Luxembourg City, may not rank as high as London or Paris on the fame scale, employment figures tell a story of success.

EU officials braced for 'nightmare scenario' as anti-Brussels radicals prepare to govern Italy

The unlikely allies vow a blizzard of contentious measures, threatening to cancel VAT rises, overturn key market reforms, introduce a universal "basic income" for the poor, and launch a fiscal blitz in open defiance of EU spending rules.

Britain's Retired Sun Seekers Risk Losing Pensions After Brexit

There are 38 million people living in Europe outside Britain who have policies with U.K. insurers, according to Nicky Morgan, chair of Parliament’s Treasury Committee.

EU's Barnier plays down bespoke Brexit deal for British financial sector

The so-called equivalence system works on the basis of Brussels granting access to the EU for banks, insurers and asset managers from outside the bloc if the bloc deems their home rules to be similar enough.

Hiring tumbles at UK fund houses as Brexit plans kick in

Asset managers cut back on London appointments and bolster European bases

Theresa May to offer Commonwealth post-Brexit bonus

London hosts summit of 2.4bn ‘Anglosphere’ for first time in 20 years

Brexit’s offshore secrets

Banks has declined to answer questions about the origin of the bailout funds, while a spokesman for STM said the company did not supply the money or have any direct connection with the rescue.

Brexit Punishment: EU could SHUT DOWN 300,000 UK websites, Brussels warns

Brussels will delete hundreds of thousands of UK websites, unless a new Brexit deal is negotiated.

Choc horror! Now even Easter eggs are under threat from Brexit Barbara Ellen

Italian confectioner Ferrero has made dire predictions if we leave the customs union. Is nothing safe?

Finance Chief claims London will remain world's MAJOR financial centre post-Brexit

BREXIT will not push London off its podium as the number one financial hub of Europe as well as the rest of the world, according to chief economist Gerard Lyons.

BoE: The agreement on the implementation period in the UK's withdrawal from the EU

The Bank of England welcomes the agreement between the UK and EU27 that there should be an implementation period until the end of 2020 as part of the UK’s Withdrawal Agreement with the EU.

Brexit looms large for European asset managers

Ireland and Luxembourg the preferred relocation options for wealth industry

U.K. should consider postponing Brexit, British lawmakers suggest

A committee report suggests if aspects of the future relationship with the EU remain unsettled by October, Britain should seek a ‘limited extension’ of its EU membership.

Challenger bank chief calls for cuts in red tape after Brexit to stimulate competition

The EBA requires all banks to abide by the same international ‘Basel’ rules for holding large capital buffers to protect them from failure in a crash.

Bullying Britain over a Brexit deal will backfire on EU, warns Porsche boss

BOSSES at German luxury sports car manufacturer Porsche have warned European Union negotiators that bullying Britain over Brexit could cost German jobs, damage the economy and lead to ‘big trouble’ for Brussels.