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Stock impact report

RPT-INSIGHT-Brexit Britain's financial sector faces "slow puncture" [Reuters]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: Reuters
RPT-INSIGHT-Brexit Britain's financial sector faces slow puncture | Reuters 10 Min Read (Repeats Tuesday story without changes) * Brexit to cause irreparable injury to financial sector * Political stability of Britain a worry for investors * EU competition, regulation to stifle future UK business ties * Banks, traders, clearing houses braced for City’s slow decline By Huw Jones, Sinead Cruise and Andrew MacAskill LONDON, Dec 11 (Reuters) - Life in London’s financial district will appear little changed when Britain leaves the European Union on March 29, defying predictions of an exodus of high-flyers to rival centres like Paris, Frankfurt and Dublin. But as chaos reigns in Westminster, the mood in the capital’s historic “Square Mile” and Canary Wharf’s gleaming towers is one of resignation and regret. Without meaningful access to the EU’s single market, the financial services sector is braced for a long goodbye to its status as the world’s international trade and banking hub, more than Show less Read more
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