Word: exchangee
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
It wasn't always this way. A few decades ago, London's three-centuries-old role as one of the world's great business cities seemed threatened by overregulation. While the government dumped controls regulating foreign exchange in 1979, London continued to lose ground to other financial hubs because its...
London's pre-eminence wasn't guaranteed by the Big Bang, however. More recently, the U.K.'s decision to opt out of the euro in the early '90s stoked concern that Frankfurt - now home to the European Central Bank - would eclipse the City as Europe's leading financial center. Those...
(2 of 3) Having cemented its leadership in Europe, London today is quickly gaining ground on New York City. While the combined market capitalizations of U.S. companies listed on the n.y.s.e. and nasdaq dwarf the City's London Stock Exchange (lse), London has proved far better at attracting the new...
The headaches caused by Sarbox, as it is sometimes called, have worked to London's benefit. From Russian Big Oil (Rosneft) to a Peruvian silver mining group (Hochschild), international businesses together raised $19.6 billion on London's exchanges last year. The number of international firms on the lse's Alternative...
This confluence of positive factors has helped the lse post record stats in a host of categories. The lse's operating profits for the nine months to 2007 more than doubled to $253 million, and the volume and value of shares traded on the exchange's markets hit all-time...