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More than 440 finance firms are moving assets worth £900 billion to the EU post-Brexit

More than 440 finance firms are moving assets worth £900 billion to the EU post-Brexit

by admin | Apr 20, 2021 | Uncategorized

Fog shrouds the Canary Wharf business district including global financial institutions Citigroup Inc., State Street Corp., Barclays Plc, HSBC Holdings Plc and the commercial office block No. 1 Canada Square, on the Isle of Dogs on November 05, 2020 in London,...
Russian e-commerce giant Ozon acquires Oney Bank in $10m deal

Russian e-commerce giant Ozon acquires Oney Bank in $10m deal

by admin | Apr 14, 2021 | Uncategorized

Russian e-commerce firm Ozon is expanding into traditional financial services with a $10 million acquisition of compatriot Oney Bank. Sovcombank bought Oney from Auchan Group in January Ozon, which ranks as one of Russia’s largest online platforms, is purchasing Oney...
Bankers talk of being sold out as London waits for its own Brexit deal with Brussels

Bankers talk of being sold out as London waits for its own Brexit deal with Brussels

by admin | Apr 6, 2021 | Uncategorized

The U.K. and the EU agreed to continue talks and co-operation on financial services on March 26.Despite this, bankers who have spoken to CNBC feel the industry has continually been neglected throughout Brexit talks.Financial services make up 7% of the U.K.’s total...

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