It looks as if June 23, 2016 will be another day that will live in infamy. Some of the infamous ripples from the Brexit crisis are making their way across the pond to the United States. Key industry organizations, regulators and securities firms are taking initial actions, formulating strategies and watching with interest as the… Read More >>
Some Pointers on Surviving the Brexit Bombshell
The non-binding referendum by which the citizens of the United Kingdom voted to leave the European Union (“Brexit”) is by now universally recognized as one of the greatest blunders of all time. This monumentally stupid decision is creating utter confusion, and exposing lies, political incompetence and social and political rifts in the U.K. that are… Read More >>
Brexit’s Biggest Impacts to Hit Over Next Two Years
In the run-up to the U.K. referendum, polls were showing that the remain camp was in front, albeit just, but as the night of June 23rd unfolded, it became clear that a slim majority of the British public voted to leave the European Union. It did not take long for David Cameron, the prime minister… Read More >>
Britain’s Vote to Leave Sinks Global Markets
The United Kingdom has voted 52 percent to 48 percent to exit the European Union bloc of nations, according to tabulations from the BBC, and the “Brexit” referendum outcome is roiling markets and driving down the value of the British pound sterling. In fact, the swift market reactions in Asia may cause the Bank of… Read More >>
Brexit Roundup: A Leave Vote is Bad for the U.S.
(Editor’s note: As the U.K. votes today on whether or not to stay with the E.U., FTF News decided to pull together some predictions and reactions from this side of the pond. All of the quoted material is available online for further investigation.) SIFMA Roundtable Predicts U.K. to Stay In a statement dated June 14,… Read More >>
PE Firms Oppose Brexit as Race Tightens in U.K.
As the deadline for the U.K.’s European Referendum is fast approaching, private equity and real estate managers around the world have made their voices heard. The majority of firms within the country as well as Europe, U.S. and Asia are firmly within in the Remain camp. A recent survey conducted by Augentius, a private equity… Read More >>
Brexit Would Breed Chaos for London Firms: Report
With the European Union Referendum just over a month away on June 23, the arguments are flying fast and furious on both sides. For the undecided it is difficult to decipher the rhetoric but there is no doubt that leaving will plunge the country and the region into the world of the unknown and potentially… Read More >>
Brexit Could Put U.K. Clearinghouses in Limbo
The Brexit wars are heating up in the U.K. as the European Referendum draws closer but it is still too early to call the outcome. In the meantime, President Obama lent support to the remain or stay-in campaign during his recent visit to the U.K. But the leave party is doing its level best to… Read More >>
CME May Spur Bidding War for the LSE
There is a sense of déjà vu in the air with talk of a $28 billion merger between Deutsche Börse and the London Stock Exchange Group (LSEG). The two have been circling around each other for years but as in the past, rival exchanges may try and break the bond. This time around the Intercontinental… Read More >>
Brexit Fever Spurs Uncertainty, Dire Predictions
To leave or not to leave the European Union — that is the Brexit question. The United Kingdom is currently gripped by Brexit fever with campaigners on either side warning of dire consequences. The arguments are not new and the same heated debates were heard before when the country mulled joining the euro in the… Read More >>
