29 March 2017
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Brexit to drive corporate banking shake up

Brexit to drive corporate banking shake up

09 March 2017  | 0 comments | 10 tweets | 6 linkedin

Saxo Payments says the UK's exit from the European Union could have a devastating impact of bank-to-corporate relationships, with one-third of companiess surveyed by the bank considering moving their operations out of Britain when Article 50 is triggered.

As the £21 billion London Stock Exchange-Deutsche Bourse merger nears collapse, speculation is mounting that a fallout over the location of the combined group's headquarters - not the LSE's stake in Italy's MTS - is behind the deal's failure.

Parisian business district La Défense is to build seven new skyscrapers over the next five years to accommodate an expected influx of demand from banks fleeing post-Brexit Britain.

Investment in UK fintech drops by a third in 2016

Investment in UK fintech drops by a third in 2016

07 February 2017  | 1 comments | 19 tweets | 14 linkedin

VC investment in UK fintech dipped dramatically in 2016, showing a 33.7% downward slide to $783 million, in contrast to the $1.2 billion raised in the pre-Brexit 2015 glory days.

The UK Government is to host an international fintech conference in April in a bid to attract more investment into London's financial technology hub.

Accenture is banishing the Brexit blues by running its largest ever fintech accelerator programme in London after fielding more than 300 applicants from around the globe.

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