Brexit Archives - Moore Stephens Financial Services

Stock Market

Brexit means Brexit, but what does Quitaly mean?

Posted by | Banks, Brexit, Europe, News, Uncategorized | No Comments

Brexit means Brexit, but what does Quitaly mean? Deutschebank has been the centre of attention in recent days with concerns mounting about its solvency. Worrying as this is, it is not the only European bank that is in trouble. Italy’s banking system is swamped with debt and shares in the largest bank, UniCredit, have fallen by around 67 per cent in the past 12 months. The second biggest, Intesa Sanpaolo,…

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Stock Market

Brexit means Brexit, but what does Quitaly mean?

Posted by | Banks, Brexit, Europe, Quitaly | No Comments

Deutschebank has been the centre of attention in recent days with concerns mounting about its solvency. Worrying as this is, it is not the only European bank that is in trouble. Italy’s banking system is swamped with debt and shares in the largest bank, UniCredit, have fallen by around 67 per cent in the past 12 months. The second biggest, Intesa Sanpaolo, is down by 45 per cent and Monte…

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The Brexit effect for annuities and final salary pension schemes

Posted by | Brexit, News, Pensions, Uncategorized | No Comments

Global stock markets have tried to shrug off the Brexit effect since the vote to leave the European Union, but the impact for savers and retirees is only just starting to emerge. With the Bank of England reducing interest rates to 0.25% last week, savers will continue to struggle to earn any interest on their bank and building society savings. The reality is that interest rates were already so low…

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Brexit – Where now for investments?

Posted by | Brexit, News | No Comments

As the FTSE 100 ended last week at pre EU referendum levels, the so called Project Fear campaign has been derided as a doomed prophecy. The theory being that markets have seemingly recovered strongly and so the fears over a “leave” result were unfounded. There can be no denying the FTSE 100 finished last week strongly, but look more closely and the underlying component parts of the index were behaving…

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Brexit – the predictions so far

Posted by | Brexit, News | No Comments

The Brexit vote is now just weeks away, but I’m still not sure the right information is reaching the public amongst the noise of political infighting. For many, Brexit is a significant concern, not least because there is a dearth of informed opinion available on the subject. There is no lack of column inches or headlines, but very little in the way of fact. Everyone has an opinion and that…

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