US regulators will not support a forced relocation of euro clearing.
US regulators will not support a forced relocation of euro clearing.
Columbia Threadneedle is transferring EU customer assets to Luxembourg.
Liquidity of interest rate swap clearing services will increase.
The success of the European asset management business is threatened.
UK authorisation will be needed by end of implementation period.
Kay Swinburne pushes free trade agreement for financial services.
This political agreement should reassure businesses.
EU wants systematically important clearing houses to relocate after Brexit.
AI will result in 90,000 job losses in global asset management by 2025.
