The train now stranded in the City of London ... Can London remain Europe's biggest financial centre if Britain decides to stay out of a single European currency?

Article Abstract:

Financial institutions may flee London to Pairs or Frankfurt if Britain opts out of the single European currency, due to go into effect in 1999. The planned Trans-European Automated Real-Time Gross settements Transfer system (TARGET) may shut non-monetary-union banks out of its payment network.

Economic aspects, London, England, European Monetary System

---

Open sesame: trade in financial services

Article Abstract:

The Jan 10, 1995 Japan US agreement to open Japanese financial markets to foreigners is encouraging and lifts hopes for a global trade agreement in financial services. However, US threats to close markets to emerging countries that do not first open theirs seem counterproductive.

United States, Japan, Financial services industry, Forecasts and trends, International trade, Japanese foreign relations, United States foreign relations, Free trade

---

Similar abstracts:

• Abstracts: Individualism is the movement of the moment in Japan. Time will decide fate of Japan private-equity market. IBM benefits from cost-cutting at Japan Inc
• Abstracts: Export marketing and the Internet. Dissemination of market orientation in Europe: a conceptual and historical evaluation
• Abstracts: Palindrome repents: George Soros has made too much money to written off as a duffer. But his recent diatribe against capitalism took him out of his depth
• Abstracts: New semiconductor lasers from NRL. German forces set to switch on to latest multi-mode radio. STN Atlas introduces high-fidelity laser projection system
• Abstracts: Stay of execution for duty free sales. Time is running out for duty-free. Duty free challenge

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