UK regulatory reforms eyed to retain financial services competitiveness post‑Brexit
Source: https://www.cliffordchance.com/content/dam/cliffordchance/briefings/2023/ I’ve been working in financial services for over 17 years, and the regulatory landscape we’re navigating now is the most complex I’ve encountered. UK regulatory reforms eyed to retain financial services competitiveness post-Brexit represent a fundamental rethinking of how the City of London positions itself globally. The reality is that Brexit created both…
Read More
UK wealth and asset management see ISA contributions jump 13 percent
Source: https://moneyage.co.uk/ I’ve spent nearly two decades in wealth management, and the surge we’re witnessing in ISA contributions is the most significant shift I’ve seen since the 2008 financial crisis. UK wealth and asset management see ISA contributions jump 13 percent, reflecting fundamental changes in how British savers and investors approach their financial futures. What…
Read More
UK banks remain under pressure as finance business closures rise
Source: https://www.edinburghchamber.co.uk/is-the-bank-of-england-under-pressure-to-wake-the-economy-from-its-sleepy-summer/ I’ve been watching the UK banking sector closely for over a decade, and what we’re seeing now is unlike anything I witnessed during the 2008 crisis. UK banks remain under pressure as finance business closures rise across the country, affecting everything from high street branches to independent financial advisory firms. The reality is…
Read More