The City as a financial hub

London has railed against a raft of regulations from the European Union and the UK Government as it fights to maintain its reputation and status as a global centre for finance and investment

From COMPANIES May 21, 2013

Europe plans to widen bonus cap

European banking watchdog broadens net for bonus cap

Analysis

Ingram Pinn ©Ingram Pinn
Business may switch to New York or Hong Kong to evade EU rules
– John Thornhill and Patrick Jenkins
View of the skyline of the Square Mile, City of London. puknews ©John Wellings From MARKETS May 18, 2013

New money put City’s reputation at risk

UK’s regime helped open door to questionable overseas entrants

The Most Rev and Rt Hon Justin Welby (C), the Lord Archbishop of Canterbury, wishes members of his congregation a happy Easter outside Canterbury Cathedral following the Easter Sunday service on March 31, 2013 in Canterbury, England. Justin Welby was enthroned on March 21, 2013 as the 105th Archbishop of Canterbury and head of the Church of England ©Getty From UK Apr 26, 2013

Welby hits at City entitlement culture

Cleric calls for exams to raise bankers’ professional standards

The 'Gherkin' and Canary Wharf at sunrise in the City of London ©PA From COMPANIES Apr 26, 2013

Man with a mission to clean up the City

Archbishop of Canterbury not afraid to ‘ruffle feathers’ in banking

From UK Apr 22, 2013

London mayor defends Square Mile

Boris Johnson criticises ‘demagogic attacks’ on vital sector

The Swiss Re Insurance building, also known as "the Gherkin", left, and the Shard, background right, stand in the city of London ©Bloomberg From GLOBAL ECONOMY Apr 19, 2013

Britain challenges EU over ‘Tobin tax’

London sues Brussels over financial levy seen as threat to City

The Citigroup Inc. headquarters, left, stands next to No.1 Canary Wharf in London, U.K ©Bloomberg From COMPANIES Apr 1, 2013

US banks weigh EU bonus cap options

Query over whether London right base

From UK Mar 27, 2013

UK overruled on financial services law

Result marks watershed in City of London’s relationship with Brussels

From UK Mar 25, 2013

London retains financial services crown

City tops league of global financial centres

From WORLD Mar 5, 2013

UK isolated as EU backs bonus cap

Wide support for clampdown leaves Osborne with only potential tweaks

From UK Mar 4, 2013

London banks turn to law on bonus caps

Legal advice says pay regulation could be struck down

From COMPANIES Mar 4, 2013

HSBC puts back thoughts of HK move

Bank stresses commitment to UK home despite cap debate

From UK Mar 3, 2013

London mayor calls bonus cap ‘moronic’

Johnson says regular EU attacks on City motivated by envy

From WORLD Mar 1, 2013

The man who capped the banks

Belgian Green MEP took on financiers over bonuses and won

From WORLD Feb 28, 2013

Osborne fights to limit bonus cap fallout

UK seeks concessions and to ‘save face’ over EU bank deal

From UK Jan 17, 2013

Osborne’s Swedish ally warns on City role

London’s status as finance centre ‘under threat if UK leaves EU’

From UK Dec 12, 2012

UK close to clinching bank union safeguards

Deal would set precedent for London’s relations with euro area

From UK Dec 11, 2012

Johnson hires adviser to help protect City

London mayor brings in ex-Standard Chartered economist

From UK Dec 9, 2012

Banks plan to move 3,000 jobs out of City

‘Nearshoring’ offers boost to UK regional financial centres

From COMPANIES Dec 4, 2012

City banks fret over being on the margins

European banking union threatens London’s supremacy

From MARKETS Dec 4, 2012

BoE urged to support renminbi trading

London bankers discuss ways to boost market in Chinese currency

From WORLD Dec 3, 2012

London mayor hits back at ‘French attack’

Johnson joins dispute over central bank governor’s remarks

From WORLD Dec 2, 2012

UK’s euro trade supremacy under attack

France’s central bank chief wants ‘control’ in eurozone

From UK Nov 8, 2012

MPs to assess cause of shrinking City

Committee to see if strict regulation is driving business abroad

From UK Nov 9, 2012

New mayor banks on ‘grand readjustment’

Roger Gifford says City is in transition

From COMPANIES Oct 28, 2012

Chinese banks flee London’s tough rules

Uneven regulation sparks transfer to Luxembourg

From UK Oct 17, 2012

Cameron fights to defend City

Tough stance on Europe creates tensions with other capitals

From UK Sep 24, 2012

Bankers downbeat over future of City

Worries over London’s position as financial centre

From UK Sep 13, 2012

Chancellor to back City in EU talks

Osborne supports most of banking union plan but fears insufficient safeguards

From COMPANIES Sep 13, 2012

Bankers focus on key forum

EBA has emerged as a vital power broker