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We can’t afford tax havens in the age of #Coronavirus

We can’t afford tax havens in the age of #Coronavirus

| March 24, 2020

UK Chancellor Rishi Sunak, appointed to the job just over a month ago, announced the most significant set of British policy measures since the Second World War on Friday, 20 March.  The sweeping package—which includes a £30 billion tax holiday for corporations and a government commitment to pay part of citizens’ wages for the first time […]

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‘We need to create a real single market for savings’

‘We need to create a real single market for savings’

| March 3, 2020

Only a fraction of Europeans invest in stocks, while American consumers are a lot more likely to get involved in financial markets. The European Union could make strategic regulatory changes to change this for the better, writes Bill Wirtz. With historically low interest rates, Europeans look at their savings accounts with warranted frustration. Investments in […]

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Hi-tech cooperation between #China and #EU has huge potential

Hi-tech cooperation between #China and #EU has huge potential

| February 9, 2020

China’s Belt and Road Initiative (BRI), sometimes referred to as the New Silk Road, is one of the most ambitious infrastructure projects ever conceived. Launched in 2013 by President Xi Jinping, the vast collection of development and investment initiatives would stretch from East Asia to Europe, significantly expanding China’s economic and political influence – writes […]

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#EBA – EU banks face a further contraction of profitability

#EBA – EU banks face a further contraction of profitability

| January 10, 2020

The European Banking Authority (EBA) has published its Risk Dashboard and the results of the Risk Assessment Questionnaire (RAQ). While the capital position of EU banks remained strong and asset quality improved further, profitability contracted in Q3 2019, with a negative outlook from both banks and analysts. EU banks’ capital ratios have remained stable for the […]

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#Bitcoin could be answer to #Brexit

#Bitcoin could be answer to #Brexit

| September 9, 2019

It’s almost getting impossible to move around the internet without bumping into another article or post about Brexit. However, unlike many of the other doom-and-gloom posts, there is some positive news if you are a Bitcoin enthusiast. In June 2016 when the UK democratically voted to leave the EU, the pound started its journey of […]

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Banking on the next #FinancialCrisis

Banking on the next #FinancialCrisis

| July 24, 2019

A series of scandals and setbacks in the banking sector in Europe and elsewhere threaten to undermine public confidence in the industry. While there is considered little chance of an economic downturn on the scale of the 2008 banking crisis, there is concern that recent events in the sector could reverse efforts made to restore […]

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#Brexit inertia means London’s finance workers face summer slump

#Brexit inertia means London’s finance workers face summer slump

| April 22, 2019

The weeks before Easter are usually some of the busiest of the year for bankers, lawyers and consultants in the City of London, as clients rush to get deals done before a run of public holidays, write Sinead Cruise, Josephine Mason and Huw Jones. But this year comparatively little has been happening. City workers had been hoping the torpor […]

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