Could Brexit end London's financial dominance? | The Economist financial hub

You are viewing this post: Could Brexit end London's financial dominance? | The Economist financial hub



More than 300 financial organisations have already left the City of London to set up shop in other European capitals. What will this mean for London and the rest of Europe? Read more from The Economist:

Click here to subscribe to The Economist on YouTube:

For more from Economist Films visit:
Check out The Economist’s full video catalogue:
Like The Economist on Facebook:
Follow The Economist on Twitter:
Follow us on Instagram:
Follow us on Medium: .

Images related to the topic financial hub

Could Brexit end London's financial dominance? | The Economist

Search related to the topic Could Brexit end London's financial dominance? | The Economist

#Brexit #London39s #financial #dominance #Economist
Could Brexit end London's financial dominance? | The Economist
financial hub
See all the latest ways to make money online: See more here
See all the latest ways to make money online: See more here

Articles compiled by Bangkokbikethailandchallenge.com. See more articles in category: FINANCE

31 thoughts on “Could Brexit end London's financial dominance? | The Economist financial hub”

  1. It seems to me that The Economist is trying to bring a little optimism to the fans of Brexit. Something like "Don't worry! We'll get over it and London will still remain the same powerful global financial center as before!" So The Economist is a fan of Brexit. I got it. But I think that they are wrong. Things have changed after Brexit in a way that brexiteers have never thought that might be possible. London has a lot to lose from Brexit. This is only the begining.

    Reply
  2. l love your video. Large investors need to understand the content of investing completely differently than small investors do. Warren buffett once said that if he has one million of capital to invest he would guarantee a return of 40% per annum. It would be very interesting to understand the different valuation methods for valuing investment. But my question is how does these average investors/newbies understand the market price? Doing technical analysis can be quite different, which is why most newbies/traders neglect day trading their coins and stick to holding which is very dangerous as when the market goes bearish. My advice any newbie/trader to buy the dip for traders who are still wondering to enter the market, or old time traders who are holders to seek help from not just any trader but an established trading expert with at least 96% trading accuracy. I underwent series of trading losses I'd best not to talk about before I was introduced to trading analysis Mr. Jordan . My contact with him has been the pinnacle of this year for me, under his careful guide In few years or so, people will definitely be kicking themselves in regrets for missing the opportunity to buy and invest in cryptocurrency. his signal service, I've been able to recover my losses and even grow my trading portfolio massively, from 1.6 btc to 7btc in 5weeks. I will advice traders, most especially newbies to have orientation of trading before they involve in it. Mr. Jordan makes you learn daily while you make profit with his signals. Mr Jordan can be contacted via what's app : + 1 (2 1 3) 8 0 6 – 3 9 5 6 * for inquires….

    Reply
  3. It's a maxim of journalism that whenever a headline is presented as a question, the answer is always "No".

    It's also common knowledge that many years ago, the Economist used to be a well-researched, interesting and informative source.

    Reply
  4. My brother in law is a trader and he and a lot of his colleagues have left the city. He lives in Germany now and Brexit played a big part as to why he and many of his friends and colleagues have left.

    Reply
  5. The Economist is the proof that the center-right has sold its soul to the left and it's not fit for purpose. The country needs to move more to the right.

    Reply
  6. I was told that every achievement begins with a decision to try.. I never knew till I made 48BTC from trading with Manager Chris, Ignorance destroy so many opportunities,Am a greatful heart

    Reply
  7. 2 points here. First Hedge Funds operating from the UK claim that their wealth management is International, in practice risk is viewed from a very British perspective.
    Second. Investors will probably BENEFIT from a wider world view of risk in the long run and the very conservative will remain clinging to familiar friends.

    Reply
  8. The EU must maintain funding via the City of London because it is the only place that can finance projects at low cost and the EU benefits from low interest rates are set to rise in the EU once the grace period ends and EU Taxes tack hold.

    Reply
  9. When enough RATS get of the ship it will float again. What about all the remain stories telling us we can not work in the EU does this mean the Two faced EU are happy if you are rich. LOL RATs get out make room for those who want to work the new 3 country UK as Boris sold Northern Ireland to the EU in hope of a fare trade deal which he didnt get. Boris turned his back on us and left us under EU court control how he can keep his face straight when he says all the UK has now left the EU LIE after LIE he told us no border in Irish sea then bang its done to keep his EU masters happy. then he said simple customs bang again its full customs in both directions custom declarations are needed. Even to board an internal UK ferry to this part of the UK with an empty van means making Goods vehicle movement documents. We are not part of the UK now and see no reason to sit quietly in the corner. The EU declared war on us and war they will get We will start with a boycott of EU goods We have brought NI to a stand still before and are well able to do so again. EU hands of Northern Ireland

    Reply
  10. Horrible decision….I am seeing it with just a minor minor situation of buying things on eBay or online with uk based sports stores… injustice don’t buy from uk anymore…a €100 here and there from 1 person…no big deal…but millions and millions, it ADDs UP quickly

    Reply
  11. All those people telling me Frankfurt will usurp London as the financial capital of Europe:

    A German payment processor and financial services provider called Wirecard AG just went under. Wirecard held a banking licence. It should have been one of the most compliance laden entities in Germany. It had achieved listing scrutiny by simply taking over an existing call centre company.

    Allegations of accounting malpractices have trailed Wirecard AG since the early days of its incorporation on 1999.

    BaFIN, the German banking regulator, chose to ignore it.

    In 2019 the Financial Times published a series of investigations along with whistleblower complaints and internal documents. STILL BaFIN ignored the issue. Instead they investigated short-sellers for market manipulation, threw some in jail and filed criminal charges against the journalists who wrote ultimately correct articles about the company!

    On 25 June 2020, Wirecard filed for insolvency after revelations that €1.9 billion was "missing".

    The rumours and whistleblowers had been right. This holder of a banking licence had been beset by profit inflation, accounting irregularities and audit failures.

    BUT here is the real kick. BaFIN has a staff of only 15 and s budget of 6 million. The Federal Financial Supervisory Authority (BaFin) brings together under one roof the supervision of banks and financial services providers, insurance undertakings and securities trading.

    With 15 people.

    And you think Frankfurt will replace London.

    Reply
  12. When the City of London was an EU city the EU had a vested interest in supporting its rise world dominance.

    The City of London is no longer an EU city and well, you know how these things go.

    Reply
  13. London will definitely not revert back to being a global financial centre, as opposed to a European financial centre, because when London was a global financial centre, Britain had a global empire. That is no longer the case today. Anyone who disagrees would do well to read "High financier, the life and times of Sigmund Warburg" by Niall Ferguson. As a merchant banker in the city of London during the post war period Warburg appreciated that as Britain's colonial empire was contracting the City needed a new lease of life and is largely credited with establishing the Eurodollar system and thereby salvaging the City's fortunes. He also pioneered hostile acquisitions.

    Reply

Leave a Comment