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I thought the grass would be greener in fintech land, but it’s patchy and dreary
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The UK government’s white paper on Brexit, presented as a way of moving negotiations forward with the EU, disappointed many in the UK financial services industry. However, the increasing likelihood of no Brexit deal at all means that disappointment doesn't matter — the proposals laid out in the white paper are little more than noise. -
Goldman Sachs announced on Tuesday that chief executive and chairman Lloyd Blankfein will retire, and David Solomon will replace him in both roles.
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Hong Kong’s Securities and Futures Commission has sanctioned a former Standard Chartered executive in Hong Kong for IPO-related offences.
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Xiaomi Corp fell as much as 10% after a surprise move to bar Mainland investors from buying shares through the Stock Connect, before quickly recovering.
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Morgan Stanley has promoted two of its most senior investment bankers as it continues to rotate its senior talent, part of its succession plan under chief executive James Gorman.
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The UK government has revealed its position on the future of financial services after the UK leaves the European Union, which falls short of the passporting rights that banks have now but would be stronger than the existing third country equivalence regime in place by the EU.
