News Centre

City Of London Corporation Response To Summer Budget 2015

Date 08/07/2015

Reaction to the Summer Budget 2015 from Lord Mayor of the City of London, Alan Yarrow, and Policy Chairman at the City of London Corporation, Mark Boleat.

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Lord Mayor of the City of London, Alan Yarrow, said:

Bank Levy:

“I am glad that the Chancellor has recognised the vital contribution that banks make to the UK. Banks already pay the greatest share of the total tax contribution in financial services (almost 65%) and account for the greatest share of employment (63%). A strong banking sector is vital to supporting growth throughout the wider economy, and the strength of the UK’s financial services offer is one of the UK’s greatest assets.

Shenzhen Stock Exchange Market Bulletin 06 July, 2015, Issue 10: Shenzhen Component Index Tumbles 15.0% - Shenzhen Stock Exchange To Reduce Transaction Fees - China Securities Regulatory Commission To Reduce Number Of IPOs And Funds To Be Raised

Date 08/07/2015

Market Review

Last week, Shenzhen Component Index tumbled 15.0% to 12246.1 points. SME Index closed at 8068.1 points after losing 13.3%. ChiNext Index was down 10.8% to 2605.3 points. Total turnover for stocks and funds on SZSE was US$542.2 billion, or a 23.7% increase from the week before.

Greece: MEPs Debate The Country’s Situation With Prime Minister Tsipras

Date 08/07/2015

Greece and the best way to resolve the ongoing crisis were hotly debated in plenary on 8 July in the presence of Greek Prime Minister Alexis Tsipras. While some MEPs criticised him for his lack of concrete proposals, others praised him while some urged him to take his country out of the eurozone. The debate also took into account the conclusions of the recent European Council on 25-26 June and the euro summit on 7 July.

Remarks By US Treasury Secretary Jacob J. Lew At The Brookings Institution

Date 08/07/2015

Thank you, Ted, for that kind introduction, and thank you to the Brookings Institution for hosting this program today.  Five years ago this month, the President signed Wall Street Reform into law, the most far-reaching financial reforms since the Great Depression, and before David and I begin our conversation, I want to say a few words about why this historic legislation was put in place and what it has meant for our nation. 

STOXX Launches Euro iSTOXX 50 Style Weighted And Euro iSTOXX 50 Style Weighted Decrement Indices

Date 08/07/2015

STOXX Limited, a leading provider of innovative, tradable and global index concepts, today announced the launch of the EURO iSTOXX 50 Style Weighted and EURO iSTOXX 50 Style Weighted Decrement Indices. The latter has been licensed to Natixis for a structured product.

Bucharest Stock Exchange Opens A Call Center

Date 08/07/2015

On July 9, Bucharest Stock Exchange (BVB) opens a call center, inviting anyone interested in any aspect of trading financial instruments and in Romanian capital market to call the team of capital market specialists.

SIX Swiss Exchange - June 2015: Excellent First Half-Year

Date 08/07/2015

Launch Of A New Product Range Listed On Euronext Brussels: SOCIÉTÉ GÉNÉRALE (FR) TURBOS INFINIS BEST

Date 08/07/2015

For the first time on Euronext Brussels, Societe Generale is launching a new range of listed products called: SOCIÉTÉ GÉNÉRALE (FR) TURBOS INFINIS BEST.

Bank Of England: Record Of Financial Policy Committee Meeting Held On 24 June 2015

Date 08/07/2015

At its meeting on 24 June, the Financial Policy Committee gave a Direction and agreed a Recommendation to the PRA to implement the leverage ratio framework for the major UK banks and building societies, agreed a replacement to an existing Recommendation on cyber risk and set the UK countercyclical capital buffer rate:

Report By President Donald Tusk To The European Parliament On The June European Council And The Situation In Greece

Date 08/07/2015

I would first like to wish the Luxembourg presidency all the best. There is a very challenging six months ahead and I look forward to the closest co-operation possible. Knowing Prime Minister Bettel I am sure that he will do an excellent job.