Financial services firms are continuing to move operations and staff out of the U.K. and into the European Union, albeit at a slower pace.
The European Union's post-Brexit requirements for financial services market access are unrealistic, the Bank of England governor has warned.
Wall Street titans have the most at stake as they face Brexit's final reckoning — and with less influence than they are accustomed to.
The EU is on course for a clash with British Prime Minister Boris Johnson after warning a full Brexit deal by year-end is "impossible."
Negotiators from the U.K. reached an agreement with officials in Brussels that could pave the way for Britain to finally break 46 years of ties with the EU.
A cross-party group is seeking a way out of the Brexit "nightmare" by working together on a deal that can secure a majority in Parliament.
Britain's pound slumped to its lowest level since 2016, as the prospect of a general election added complexity to the Brexit calculus.
Sources warned money management businesses are yet to learn what the real costs of Brexit will be
Political uncertainty in the U.K. makes it difficult to position portfolios, managers said as Theresa May's Brexit deal was rejected again.
A hard Brexit will certainly affect client behavior and risk appetite, warned Richard M. Weil, CEO of Janus Henderson Group.
A judge in the approved plans by a UBS Group unit to shift some U.K. jobs and operations to Frankfurt.
Two key markets are leaving the U.K. as Brexit forces finance firms to put more of the region's trading infrastructure on the continent.
The pound sterling made small upward moves the morning after Prime Minister Theresa May secured support from her own political party.