Morgan Stanley is moving staff to Frankfurt in time for the March 2019 Brexit deadline.
The EU's updated Payment Services Directive (PSD2) is expected to heighten competition among the banks, open markets to non-banking challengers and foster vigorous innovation across the financial sector.
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.
With less than 12 months left before the General Data Protection Regulation comes into force across Europe, many firms are still alarmingly unprepared.
Over the last year, British politics has had a recognisable theme; unexpected ballots with unintended consequences - particularly for financial markets.
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.
The long-anticipated changes to the regulation of money market funds in Europe is finally underway. This article sets out what to expect over the next 18 months.
The frequency of cyber attacks is growing as well as the amount of money lost to financial crime. Statistics show fines for failing to prevent and detect financial crime have grown by 55,000% over the past 10 years.
Frankfurt has announced proposed changes to employment laws to allow banks to hire and fire more easily.