The UK government is planning to develop a new regulatory framework for financial services, distinct from that of the EU, to secure a long-term competitive advantage for the industry when the country leaves the bloc.
Brexit secretary David Davis told senior industry figures last week that the government is working towards a transitional period immediately after leaving the EU, in which the sector would benefit from...
Investors have largely avoided financials over the past 10 years, with the share prices of US and European banks having largely stood still relative to broader markets since 2007. But while banks won't return to their record valuations any time soon (and...
Steps already taken
Increasingly diverse sector
First of planned acquisitions
Feedback from first year