• UBS expects London to lose 25% of a €1 trillion-a-day business due to Brexit

    7 days ago - By Business Insider

    UBS: LCH, the London clearing house owned by the London Stock Exchange, is likely to lose at least 25% of its euro clearing volumes as a result of Brexit.
    LCH processes the bulk of all euro clearing in the UK, which is a €1 trillion-a-day business.
    Even if Britain avoids a "hard" Brexit, UBS expects volumes to shift to the continent as regulators order firms to do so to guard against the potential risk.
    Deutsche Bank , Barclays, and HSBC have all moved some of their euro-denominated clearing business to the continent in recent months.
    LONDON - UBS expects London to lose at least 25% of its...
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  • Is buying a house a better investment than the stock market? We did the math, and the answer is clear

    Is buying a house a better investment than the stock market? We did the math, and the answer is clear

    7 days ago - By Business Insider

    Owning real estate is often the biggest financial commitment someone will make, while investing in stocks is generally a key component of building wealth.
    Using data from the Federal Housing Finance Agency and Yahoo Finance, we compared how housing prices and stock prices have developed over the last couple decades.
    In that time, stocks have clearly had higher returns - but there are a few caveats.
    This is a simplified comparison meant to reflect on past performance. The best decision for your money depends on your individual circumstances and needs.
    Home ownership is one of the biggest...
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