London fights for its future London has railed against the raft of recent regulations from the European Union and the UK Government as it fights to maintain its reputation as a global financial hub
The economy will not suffer if legislation allowing bankers’ bonus deals to be ripped up drives ‘reckless’ individuals from the City to other countries, says the government
Paul Myners, City minister, is to tell Britain’s bankers to stop whingeing about regulation and understand that London’s future success must be underpinned by sound rules
Europe’s third-largest hedge fund manager is moving a significant portion of its workforce to the Swiss financial centre amid doubts over London’s suitability as a base for alternative asset managers
City figures question logic and practicality of Tory proposal, accusing shadow chancellor of seeking to exploit public anger against bankers for political advantage
European institutional investors face billions in lost annual returns if regulations for alternative investment managers are approved, according to a study commissioned by the UK’s market regulator
Bankers gearing up for a bumper bonus season just a year after the near-collapse of the global financial system have been warned they face retribution – not just from politicians and regulators but possibly from God
New financial job vacancies last month rose to their highest level this year, reinforcing tentative signs of an improvement in financial services employers’ confidence about hiring, according to a report to be published on Thursday
The City of London has undergone upheaval with job cuts and disillusion with the banking industry resulting in a mass exodus of talent. But for some, it has been an opportunity to transform their careers
The solution is clear, and it is not a tax on financial transactions: bring default risk back into the calculations of unsecured creditors and other counterparties of the financial sector, writes Willem Buiter
Now that the banks are returning to profit, many in the City would like to return to the status quo ante. But the sector must realise, as Lord Turner has, that real reform is essential
The Climate Camp has come to Canary Wharf: Adair ‘Swampy’ Turner says he’s ‘happy to consider’ a tax on financial transactions if higher capital requirements don’t curb excessive profits and pay in the financial sector
European finance: Prospects for Paris to strengthen its markets role are being boosted by a state initiative to capitalise on the setbacks to London from the crisis
Andrew Large is not convinced the Tory plan to split the FSA and give supervision to the Bank is wise or necessary, or will deliver a better result than the improvements already under way
