UK financial services sector moves $1 trillion in assets to EU

Financial services companies have moved assets worth $1 trillion from the U.K. to the rest of Europe since the Brexit referendum, a new study from audit firm EY estimates.

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Credit Suisse settles New York state RMBS lawsuitTraders work on the floor of the New York Stock Exchange (NYSE) as the Federal Reserve Board Chairman Jerome Powell holds a news conference on December 19, 2018 in New York City.