Shadow banking to be cleaned up
The big surprise for most foreign investors will be moves to clean up “Shadow Banking”. The National People’s Congress (NPC) March meeting will point the way ahead. Action should take place soon after. The … Read the rest
Macron warns that City’s European influence and business could slide after Brexit.
A good City Brexit deal is essential for the UK economy. Otherwise banks, asset managers, insurance and pension funds won’t have full access to the European Union’s (EU) … Read the rest
Combination of QT – slower money growth and higher interest rates- will cut consumer spending this year- Hoisington
Quantitative tightening (QT) i.e. tighter money, rising interest rates, low savings and high debt, could confound optimistic economists.
This is the view … Read the rest
Financial services are the key stumbling blocks
EIGHTEEN months since the referendum in June 2016, the UK and the European Union (EU) are only now ready for challenging trade negotiations.
Phase one of the negotiations has finally been signed off, … Read the rest