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Swiss bankers dismiss ‘overtly pessimistic’ UK finance job loss scenarios post-Brexit

Anecdotal evidence given to IBTimes UK suggests the country’s banks are looking to hire more employees in London. Several senior banking sector professionals in Switzerland have discounted the “overtly pessimistic” finance job loss scenarios being brandished about London, including a recent take by the Bank of England. In a recent report, the UK central bank […]

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FCA chief defends car finance despite fears it could lead to next financial crisis

Concerns have been raised that the rapid growth in auto lending could spark an economic crash if the UK is hit by rising unemployment or higher interest rates The head of Britain’s financial watchdog has defended the use of car finance products despite widespread fears they could herald the next financial crisis. Andrew Bailey, chief executive […]

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