Brexit set to push VTB’s Europe hub out of London
By: Martin Arnold
Russian state-controlled bank considering alternative locations including Frankfurt, Paris or Vienna
Russia’s VTB Bank has become the first big lender to say publicly it will move its investment banking headquarters out of ...
Philippines offshore gaming licenses receive 76 applications
By Tom Lewis
A total of 76 companies have expressed interest to the Philippine Amusement and Gaming Corporation (PAGCOR) in the initial 25 offshore gaming licenses scheduled to be awarded this month.
PAGCOR CEO Andrea Domingo told local media that 76 ...
Bankers warn Brexit could force jobs out of London
By Jill Treanor
Bank of England policymaker says loss of high-paid City jobs could knock hole in Britain’s budget
Top bankers have warned that Brexit could force their industry to shift jobs out the City, as a senior policymaker at the Bank of ...
Facebook enjoys £11m UK tax credit despite £5bn global profit
By Simon Bowers
Credit, which can be offset against future tax bills,
may raise further questions about whether US group is paying its fair
UK business generated an £11.3m tax credit last year, despite the
world’s largest social ...
Deutsche Bank leads European bank stocks lower
By: Nicholas Megaw
European bank stocks are slipping this morning, with Deutsche Bank shares falling back below €12, after some of the world’s top bankers joined the International Monetary Fund and European Central Bank in calling for wide-reaching ...