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Chase's Dimon Concerned EU can “Dictate” Job Locations in Wake of Brexit - Chief Investment Officer;

Chase's Dimon Concerned EU can “Dictate” Job Locations in Wake of Brexit - Chief Investment Officer

Chief Investment OfficerChase's Dimon Concerned EU can “Dictate” Job Locations in Wake of BrexitChief Investment OfficerCEO says Brussels may wield too much influence, and also warns Fed may unwind QE too fast. JP Morgan Chase CEO Jamie Dimon warned that following Brexit, the European Union (EU) can “dictate” whether jobs can stay or be moved out of London during ...and more »

Keeping London Open Post-Brexit - City, University of London (press release);

Keeping London Open Post-Brexit - City, University of London (press release)

City, University of London (press release)Keeping London Open Post-BrexitCity, University of London (press release)City, University of London has signed an open letter calling on Government to maintain London's strength as the engine of the UK economy during Brexit negotiations. The open letter to Brexit Secretary, David Davis MP, was published in The Telegraph and ...and more »

Brexit: London worst hit, over 70000 jobs losses - Vanguard;

Brexit: London worst hit, over 70000 jobs losses - Vanguard

VanguardBrexit: London worst hit, over 70000 jobs lossesVanguardLondon will suffer from Brexit more than other regions of the UK, with the financial sector expected to lose up to 70,000 jobs, a report of the UK-based think tank Centre for London said on Thursday. “The risks to London's economy, from the loss of ...and more »

Coalition of punishment: Germany and France join forces to swipe euro-clearing from UK - Express.co.uk;

Coalition of punishment: Germany and France join forces to swipe euro-clearing from UK - Express.co.uk

Express.co.ukCoalition of punishment: Germany and France join forces to swipe euro-clearing from UKExpress.co.ukGERMAN and French lobbyists have joined forces in a fresh assault on London's post-Brexit rights to process hundreds of billions of investment trades. By Lana Clements. PUBLISHED: 15:30, Thu, Jul 13, 2017 | UPDATED: 15:38, Thu, Jul 13, 2017 ...and more »

How Brexit is set to hurt Europe's financial systems - Hellenic Shipping News Worldwide;

How Brexit is set to hurt Europe's financial systems - Hellenic Shipping News Worldwide

Hellenic Shipping News WorldwideHow Brexit is set to hurt Europe's financial systemsHellenic Shipping News WorldwideLike many multinational companies, Italian engineering business Brembo relies on London to run its finances. The company, based close to the Alps, makes brakes for Formula One cars and motorbikes and sells them in 70 countries. Hundreds of millions of ...and more »

Mayor leads call for London to stay open to foreign talent - Re:locate Magazine;

Mayor leads call for London to stay open to foreign talent - Re:locate Magazine

Re:locate MagazineMayor leads call for London to stay open to foreign talentRe:locate MagazineLondon Mayor Sadiq Kahn, along with other prominent signatories, has signed a letter published in the Daily Telegraph highlighting the need for a comprehensive trade deal following Brexit. Mayor leads call for London to stay open to foreign talent.and more »

Hard Brexit could be 'catastrophic' for the City of London and cost 70000 jobs, say experts - The Independent;

Hard Brexit could be 'catastrophic' for the City of London and cost 70000 jobs, say experts - The Independent

The IndependentHard Brexit could be 'catastrophic' for the City of London and cost 70000 jobs, say expertsThe IndependentLeaving the European Single Market with no trade deal would be “catastrophic” for London and could result in the loss of 70,000 City jobs, a new report has warned. The Centre for London think tank said UK regions should have devolved power over ...and more »

London Should Strike Its Own Deal On EU Immigration Post-Brexit, Centre For London Report Says - HuffPost UK;

London Should Strike Its Own Deal On EU Immigration Post-Brexit, Centre For London Report Says - HuffPost UK

HuffPost UKLondon Should Strike Its Own Deal On EU Immigration Post-Brexit, Centre For London Report SaysHuffPost UKLondon should be allowed to strike an EU immigration deal of its own post-Brexit in a bid to prevent a “catastrophic” impact on the city's economy, a major report has suggested. Britain's decision to leave the EU presents the capital with “big ...and more »

London must have access to foreign talent after Brexit, David Davis warned - Evening Standard;

London must have access to foreign talent after Brexit, David Davis warned - Evening Standard

Evening StandardLondon must have access to foreign talent after Brexit, David Davis warnedEvening StandardLondon business chiefs and politicians warned David Davis today that Brexit “trade-offs” would be a “false and damaging” choice for the capital. Senior figures including Sadiq Khan wrote to the Brexit Secretary to underline that London needs access ...and more »

Devolve all property taxes to the Mayor of London, says new report - The MJ (subscription)

Devolve all property taxes to the Mayor of London, says new reportThe MJ (subscription)All property taxes should be devolved to the Mayor of London to pilot reforms in a bid to protect the capital's economy post-Brexit, according to a report by think tank the Centre for London. The Mayor should also join together with the mayors and ...and more »

Brexit deal must protect London's status as a booming global city or risk losing 70000 jobs, warns report - Daily Mail;

Brexit deal must protect London's status as a booming global city or risk losing 70000 jobs, warns report - Daily Mail

Daily MailBrexit deal must protect London's status as a booming global city or risk losing 70000 jobs, warns reportDaily MailBrexit could result in the loss of up to 70,000 jobs unless the Government gets the right kind of Brexit deal, a new report has warned. The report, entitled Open City, said the capital is in many ways in a good position because it has well-developed ...and more »

'If the EU determines over time that they want to move a lot more jobs out of London into the EU, they can simply ... - Yahoo News UK;

'If the EU determines over time that they want to move a lot more jobs out of London into the EU, they can simply ... - Yahoo News UK

Yahoo News UK'If the EU determines over time that they want to move a lot more jobs out of London into the EU, they can simply ...Yahoo News UKLONDON – European Union authorities will be able to "dictate" to banks to move jobs out of London if the UK loses its financial passporting rights as a result of Brexit, JPMorgan CEO Jamie Dimon said. "If the EU determines over time that they want to ...and more »

Could Regulators Force US Lenders Out of the UK? - Finance Magnates;

Could Regulators Force US Lenders Out of the UK? - Finance Magnates

Finance MagnatesCould Regulators Force US Lenders Out of the UK?Finance MagnatesWith many European lenders in the UK mulling over their Brexit strategy and consequent relocation options, the choice for US banks may be even more linear. US bank staff in the UK appear to be fully at the mercy of the regulators, and could be forced ...and more »

JP Morgan boss warns EU can 'dictate' job moves post-Brexit - Citywire.co.uk;

JP Morgan boss warns EU can 'dictate' job moves post-Brexit - Citywire.co.uk

Citywire.co.ukJP Morgan boss warns EU can 'dictate' job moves post-BrexitCitywire.co.ukJP Morgan chief executive Jamie Dimon has warned that if the European Union wants to see a lot more jobs move out of London, they can make it happen. In the past, Dimon had said a quarter of JP Morgan employees could move. Speaking at the Paris ...and more »

JP Morgan chief: EU can dictate how many jobs go after Brexit - Bournemouth Echo;

JP Morgan chief: EU can dictate how many jobs go after Brexit - Bournemouth Echo

Bournemouth EchoJP Morgan chief: EU can dictate how many jobs go after BrexitBournemouth EchoTHE head of JP Morgan has said the European Union will be able to dictate how many jobs it cuts in the UK after Brexit. Chairman and chief executive Jamie Dimon said the bank – which is Bournemouth's biggest employer – was on track to move “several ...and more »

Seize the Brexit opportunity to rethink property tax in London - City A.M.;

Seize the Brexit opportunity to rethink property tax in London - City A.M.

City A.M.Seize the Brexit opportunity to rethink property tax in LondonCity A.M.Richard Brown is research director at Centre for London. Richard has worked at t [..] Show more. London Wealth Continues To Grow. We have a council tax system based on property valuations from 1991 (Source: Getty). Richard Brown. Over the past 25 ...and more »

JP Morgan warns on United Kingdom jobs post-Brexit - Normangee Star;

JP Morgan warns on United Kingdom jobs post-Brexit - Normangee Star

Normangee StarJP Morgan warns on United Kingdom jobs post-BrexitNormangee StarHe believes there is now too much focus on the “first step”, which will see banks moving jobs away from London to coincide with the Brexit date in March 2017, and not enough thought on the “second step”. It had initially warned that a quarter of its ...and more »

JPMorgan CEO Warns EU Could Force Banks To Move UK Jobs - Law360 (subscription)

JPMorgan CEO Warns EU Could Force Banks To Move UK JobsLaw360 (subscription)Law360, London (July 12, 2017, 12:01 PM BST) -- Brussels will effectively be able to dictate how many jobs British-based banks will have to shift to the European Union after Brexit, the chief executive of JPMorgan Chase & Co. has said. Speaking at an ...and more »