There will be no access to the European Union for Britain's derivatives clearing houses after June 2025, the bloc's financial services chief Mairead McGuinness said on Friday.
The European Commission’s financial services head insisted that U.K. clearinghouses will get no further access to the bloc’s markets after 2025, knocking back the Bank of England governor’s calls for an indefinite trade route into the European Union.
Ryanair announced that it has stopped trading on the LSE’s main market from 8am this morning, while maintaining a primary listing on Dublin’s Euronext.
Ryanair has confirmed plans to delist its shares from the London Stock Exchange in response to EU rules on ownership post-Brexit.
Ryanair Holdings Plc said it will drop its London Stock Exchange listing, becoming the first major company to blame its departure on Brexit.
Rule changes and high costs have been cited for the move, leaving the Irish airline listed solely on the Euronext Dublin exchange.
Pan-European exchange Euronext said on Monday it will clear all trades on its newly acquired Italian platform by 2024, helping the European Union cut its reliance on the London Stock Exchange for core financial activities after Brexit.
The role of the London Stock Exchange as a hub for global share trading is changing following the U.K.’s exit from the European Union.
The European Union is set to block some countries from accessing parts of the bloc’s financial market for the first time...
A large number of our readers have asked us to factcheck a list of claims about the Lisbon Treaty, or “what will actually happen if we stay in the EU”, which has gone viral on social media.
Major banks are preparing to shift parts of their operations away from London as Theresa May is set to trigger Article 50.