London's status as the world's financial technology – or fintech – hub could be under threat should a Brexit occur, lawyers, venture capitalists and start-ups have warned CNBC.
The blue-chip FTSE 100 index could fall to lows not seen since 2011 if the UK votes to quit the EU, UBS analysts have warned.
A CNBC review of email search software found programs that monitor for conduct, which could be simply embarrassing or costly for a corporation.
Inter dealer brokers Tullet and Icap could avoid a lengthy probe into their merger, with the two firms proposing a sale of the latter's London-based oil trading desks.
Royal Bank of Scotland has cut 2,700 jobs - around a 5% of its UK workforce - in the past four months as the bailed-out bank attempts to cut costs in its attempts to return to the private sector.
Hong Kong has been named the world’s most expensive city for expats as concerns over a possible UK exit from the EU contribute to London dropping from 12th to 17th, according to an annual survey.
All possible preparations have been made for the EU referendum, the banks keep telling us. Even the cash machines will be stuffed full, just in case an obscure continental lender chooses Friday to go bust and trigger unnecessary panic.
A late plea for voters to back the remain option in this week’s EU referendum has been issued by 1,285 business leaders who say in a letter to The Times that Brexit would damage Britain’s economy.
The two most powerful central bankers have warned that they are on high alert for financial and economic fallout from the EU referendum, amid signs that the result of Thursday’s vote still hangs in the balance.
Sad to report
The bank’s scandal won’t have meaningful effect on its balance sheet, Baird analysts say.
Central banks have boosted their gold stocks by almost 10% since the financial crash, reflecting its renewed attractiveness as a safe haven in an environment of uncertainty and low or negative interest rates.
The Securities and Exchange Commission has announced that public accounting firm Ernst & Young has agreed to pay $9.3m to settle charges that two of the firm’s audit partners got too close to their clients on a personal level and violated rules that ensure firms maintain their objectivity and impartiality during audits.