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  • TheCityUK Respond To Chancellor’s Winter Statement

    Date 24/09/2020

    Following the winter statement by Rishi Sunak, Chancellor of the Exchequer Miles Celic, Chief Executive Officer, TheCityUK, said,

    The government’s additional package of support is essential to sustaining SMEs and jobs across the country. We are pleased the Chancellor has taken action to address the significant and urgent debt challenge facing SMEs highlighted by our recapitalisation group. By extending further relief to those SMEs with government-guaranteed loans, the government will help to preserve many viable firms, allowing them the chance to return to growth after the pandemic has passed. Matching repayments to the ability of companies to recover demonstrates that government has listened to the advice of industry and business groups who are working closely with companies across the UK economy."

  • Bank Of England: Further Updates To The TFSME To Reflect Changes To HMT’s Bounce Back Loans Scheme (BBLS) - Market Notice 24 September 2020

    Date 24/09/2020

    The TFSME was launched in March 2020 as part of measures to respond to the economic shock from Covid-19. Reflecting the exceptional nature of ongoing developments in the economy, and the Government’s announcement regarding the BBLS, the Bank is today announcing further measures to ensure the TFSME continues to deliver its objectives.

  • The Swiss Stock Exchange Wins Top Performer In European Major Markets Award.

    Date 24/09/2020

    Once again, Switzerland’s major stock exchange proves the excellence of its products and services by winning three awards at the prestigious Global Custodian Leaders in Custody Awards.

  • BNP Paribas Capital Partners Announces First Close Of BNP Paribas Singularity Fund I

    Date 24/09/2020

    BNP Paribas Capital Partners (‘BNPP CP’) announces the launch and first close of BNP Paribas Singularity Fund I (‘Singularity’), with commitments totalling EUR 80 million.  Singularity is a new private equity fund of funds that aims to deliver strong financial performance, together with measurable positive impact, framed around the UN Sustainable Development Goals (‘SDGs’).

  • UK And US Finance Industries Join Forces To Propose Vision for Closer Regulatory Cooperation

    Date 24/09/2020

    Leading representatives from the UK and US financial and related professional services industries have joined together to propose a united business vision for future UK-US regulatory cooperation and dialogue[1]. The group’s proposals aim to help forge even closer links between the hosts of the world’s two foremost financial centers.

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