The US bank, which already has 350 employees based in the city, will transfer some trading activities currently undertaken in London and create a further 150 to 250 jobs according to reports.
Despite the country’s latest financial bailout, the outlook for Greek corporates over the next year is no better than mixed according to trade credit insurer Atradius.
A study by the London-based insurance market warns that economic losses could be similar to losses unleashed by Superstorm Sandy in 2012.
With less than 12 months left before the General Data Protection Regulation comes into force across Europe, many firms are still alarmingly unprepared.
While the General Data Protection Regulation that comes into force next May is an EU initiative, the impact will be felt worldwide warns NTT Security.
Small businesses are particularly concerned about the potential impact on their revenue and growth.
A report by the Lloyd’s of London insurance market finds that the sector is second only to financial services as the target of attacks.
The Bank of England calls for UK banks to put aside an extra £11.4bn to deal with any future economic slowdown in its latest financial stability report
Investment banks Bank of America Merrill and JP Morgan both believe a sharp correction lies ahead.
The competition commissioner said it approved the bail-out of Banca Popolare di Vicenza and Veneto Banca to “avoid an economic disturbance”.