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Europe is closing a trading loophole that banks were relying to cope with Brexit

European Central Bank reportedly wants to crack down on a practice known as "back-to-back" booking after Brexit.
Traffic going towards London's Canary Wharf business district.

JPMorgan and Citi say just hundreds of jobs will leave London due to Brexit — not thousands

Executives from JPMorgan, Citi, and Barclays Ireland gave evidence to UK MPs on Tuesday about the impact of Brexit on their industry. All three said their banks expect just 150 roles to be moved out of London in the immediate aftermath of Brexit.
Canary Wharf, the financial centre of London.

The EU is planning strict supervision of the City of London after Brexit

Britain and the EU are currently discussing a new relationship for financial services, most likely based around the principle of equivalence.
The City of London.

The City of London issued a stark warning about the future of European finance after Brexit — and the EU is listening

According to a report from The Times on Tuesday, UK officials told Brussels that "thousands" of European investment funds will be under threat if the EU insists on a hardline approach to the City.
Bad news for the City of London?

Deutsche Bank is shifting business out of London — and it hints at a troubling post-Brexit future for a $1 trillion industry

Eurozone financial bigwigs have consistently argued that euro clearing should take place within the euro area, and Britain has repeatedly had to defend its right to clear trades.
A dealer on the trading floor of IG Index reacts in London May 7, 2010.

The City of London just suffered a major defeat from the EU over plans for Brexit

Late last week EU negotiators rejected plans for the sector laid out by the British government in Prime Minister Theresa May's controversial white paper.

‘A real blow’: The City of London is furious with the government’s Brexit plan for finance

The City of London Corporation described the government's white paper as "a real blow for the UK’s financial and related professional services sector."

The UK is set to concede a major defeat to the EU in its post-Brexit vision for the City of London

"The new model is like cohabitation, with close collaboration, a shared approach to finances and decisions and obligations to each other, but ultimately separate people making their own choices."
Russian President Vladimir Putin meets with British Prime Minister Theresa May as part of the G20 Summit in Hangzhou, China, September 4, 2016.

UK lawmakers are calling for a London crackdown on ‘Russian corruption’ in the interests of national security

The UK Foreign Affairs Committee have proposed measures that could tighten the sanctions regime against Russia and limit "dirty money" flows to London in the interests of "national security."
Jeremy Corbyn

Jeremy Corbyn doubles down on attacks against the ‘pernicious’ and ‘destructive’ City of London

Corbyn called for a "fundamental rethink of whom finance should serve and how it should be regulated."