Posts Tagged ‘United Kingdom’

HSBC to move out of London?

Saturday, April 25th, 2015


The World’s financial markets have been shocked by the news that the world’s second biggest bank HSBC is reviewing its headquarters in London and is considering moving elsewhere, probably to its natural base in Hong Kong.

HSBC have had their headquarters in London since 1992, after they purchased Midland Bank, one of the UK’s ‘big four’ banks.
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FCA license approval for eToro

Thursday, May 16th, 2013

eToro social trading platform logoFollowing eToro’s license approval by the UK Financial Conduct Authority (FCA) in May of this year, the world’s number one social investment network is on the verge of setting up shop in London.

FCA approval is a significant gain for eToro. The approval affirms eToro’s entitlement to offer financial services to UK users, and is a confirmation of its compliance with applicable regulations.

In all likelihood, the FCA approval will considerably add to the company’s rapid growth in the UK area.
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Fears of UK Triple-Dip Recession Could Cause Stock Market Slump

Wednesday, April 24th, 2013

UK economy recessionOnline forex trading investors will no doubt have been relieved by the stock market’s positive start to 2013 but now fears of a triple-dip recession in the UK could risk reversing the gains made and force the market back into a nose dive.

On the back of recent uncertainty in the Eurozone caused by the Cyprus bailout and growing fears of economic catastrophe in Slovenia, the UK’s continual teetering on the brink of recession is causing concern among traders and recent gains on the stock market have already begun to fall away.
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UK to Keep its AAA Rating

Sunday, July 29th, 2012

Standard and Poor’s Confirms that UK will keep its AAA Rating in a Move which Leaves Forex Traders Divided

United Kingdom flagThere has been much talk of a double dip recession following the disappointing UK growth figures released earlier this week and concerns had been growing that the UK would imminently lose its AAA rating as it became only the second industrialised nation to fall back into recession.
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