EU News
UK PM May Appeals to EU for Brexit Goodwill
Prime Minister Theresa May will call on the European Union to show "goodwill and determination" to avoid a disorderly Brexit, urging them to get behind Britain's offer of a "fair arrangement," a ...
London Mayor, Critical of Brexit Negotiations, Calls for Second Referendum
London mayor Sadiq Khan has called for another referendum on Britain's European Union membership, saying the prime minister's handling of Brexit negotiations had become "mired in confusion and ...
Specialist Broker Verlingue Boosts UK Presence With ICB Group Acquisition
Specialist corporate insurance broker Verlingue said it has acquired independent U.K. broker ICB Group. Financial details of the deal were not released. With the acquisition of Egham, England-based ...
German Regulator Backs Post-Brexit Insurance Contract Fix
European Union and U.K. authorities must agree on a political solution to the threat Brexit poses to trillions of dollars in derivatives and insurance contracts, according to Germany's top financial ...
October Brexit Deadline May Quietly Go Away
The U.K. and the European Union still say in public they want a Brexit deal wrapped up in the next seven weeks. Behind the scenes, though, senior officials on both sides admit this is unlikely. They ...
AIG Chooses Aspen Re’s Lillelund to Run Post-Brexit EU Subsidiary
The Aspen Re chief executive officer will lead American International Group's new European subsidiary in Luxembourg. Thomas Lillelund has been hired on as CEO of the division known formally as AIG ...
Brexit Won’t Hurt UK Financial Jobs That Much, Bank of England Argues
Fewer than 5,000 financial jobs might move out of Britain by "Day One" of Brexit and future relocations will depend on new trading terms with the European Union, Bank of England Deputy Governor Sam ...
May Pushes Her Brexit Plan as Practical and Workable
British Prime Minister Theresa May's speech on Friday about Brexit had two audiences who weren't in the room: the European Union, whom she urged to engage with her proposals, and her own party. "Our ...