FX recruitment holds firm after Brexit

FX recruitment holds firm after Brexit

While market talk suggests a number of finance professionals are delaying planned moves to London and some hiring seems to have been put on hold, specialist FX recruiters claim it has largely been business as usual post-Brexit.

Brexit volatility fuels FX mis-selling claims

Brexit volatility fuels FX mis-selling claims

Brexit-related currency volatility is fuelling a rise in foreign-exchange product mis-selling enquiries from businesses that have been burnt on ‘fiendishly complicated’ currency trades.

EU regulations to remain for years despite Brexit vote

EU regulations to remain for years despite Brexit vote

UK-based financial institutions should expect the bulk of European Union regulations to remain in place up to and even after the UK’s exit from the bloc, despite uncertainties over the terms of the eventual exit, lawyers say.

Rocky road ahead for central clearing in FX

Rocky road ahead for central clearing in FX

The regulatory requirement for better understanding of cost is pushing market participants towards central credit despite the disruption caused by last year’s unexpected Swiss franc appreciation.

Weak UK economy ties Bank of England’s hands on FX intervention

Weak UK economy ties Bank of England’s hands on FX intervention

New UK prime minister Theresa May is busy shaping her administration at 10 Downing Street, but it is events taking place barely two miles away, at the Bank of England on Threadneedle Street, that are exercising the minds of those trying to predict where the pound goes next.

The cities seeking to take London’s FX crown

The cities seeking to take London’s FX crown

Paris and other leading European cities will have their work cut out usurping London’s status as the continent’s leading FX centre, even if they succeed in undercutting London’s status as the centre for euro clearing.

FX traders pick through Brexit wreckage

FX traders pick through Brexit wreckage

Britain's vote to exit the European Union fired volatility back into currency markets and gave traders opportunities in a number of currency pairs, including minors and exotic currencies as well as the majors.

Sex discrimination and the City

Sex discrimination and the City

Sex discrimination is still rife in the City, but new gender pay reporting rules threaten to expose the gender pay gap at investment banks and compel them to bring real equality to the trading floor.