Stitched up: the City of London

Article Abstract:

Some believe that Labor has proposed a rather mild regulatory overhaul of the British financial system because it wants to win the favor of financial interests in the City of London. The securities industry welcomes the turnover of regulatory responsibility to the the state, to absolve itself of blame.

United Kingdom, Laws, regulations and rules, Economic policy, Labor Party (United States)

---

London's financial future: even if Britain remains outside a European monetary union, the city of London can thrive

Article Abstract:

It is unlikely that London will lose its status as a financial center if the UK does not join the economic and monetary union that will take effect throughout the European Community in Jan 1999. Many of the financial transactions occur in London and computers make the transactions seamless.

Editorial, Analysis, Financial services industry, London, England, Single European market

---

And it finally came to tears: Japan's financial system is melting down. It is unclear whether the government can act quickly enough to stop it

Article Abstract:

Japanese government officials, who have long denied the growing financial industry crisis, have been forced to admit the situation and to begin discussing the transfer of public money to the industry. The latest company to close is Yamaichi Securities, once the largest such firm in Japan.

Japan, Finance, Cover Story, Securities industry, Yamaichi Securities Company Ltd.

Similar abstracts:

• Abstracts: Getting more for less. Big in Japan: the Canadian Embassy is helping bands who hail from the land of the maple leaf connect to fans from the land of the rising sun
• Abstracts: The potential for buyouts in the Asia Pacific region. Technology takes off: Yorkshire is catching up with the silicon swathes of the south and building a firm base of technology companies
• Abstracts: Groundhog Day: Japan's tax reluctance signals cold spring. Shot in the arm. The tax man returneth
• Abstracts: Unfair protection. Back from the brink: Mexico's financial crisis was different from Asia's but it holds valuable lessons
• Abstracts: Coming together, ten years on. Germany's squelchy outlook. Growing together

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.