Latest Europe Headlines
All the headlines from our Europe Topic Page, ordered by recency.
Google+ Breach Under Investigation in U.S., EU
Oct 10 2018 // At least two U.S. states and two European Union member states are investigating a breach at Alphabet Inc.’s Google that may have exposed private profile data of at least 500,000 users to hundreds of external...
In Event of Hard Brexit, Lloyd’s Commits to Pay All Valid Claims
Oct 10 2018 // Lloyd’s said it is working on transferring all European Economic Area (EEA) business to its EU headquarters, Lloyd’s Brussels, before the end of 2020 via a Part VII transfer. (Part VII transfers, in part,...
UK Expects 5,000 Financial Services Jobs to Move to Europe by Brexit Day
Oct 10 2018 // Despite thousands of jobs set to move to the continent due to Brexit, Britain’s financial services minister said on Wednesday he would do all he can to ensure the City of London remains a major financial center. John...
Urgent EU Action Needed to Address Threat of Hard Brexit, Warns Bank of England
Oct 9 2018 // The Bank of England ratcheted up the pressure on the European Union to help stave off the threat a no-deal Brexit poses to trillions of pounds of derivative contracts and millions of insurance policies. The EU has made...
Brexit Countdown: UK-EU Divorce Talks Reach Stalemate
Oct 9 2018 // Britain said on Monday it could not agree a divorce deal with the European Union without a framework pact on future relations, throwing down the gauntlet to the bloc which also says it cannot move on talks until London...
Brexit-Related Uncertainty Begins to Hit UK Businesses: Surveys
Oct 8 2018 // Britain’s businesses are suffering from Brexit-related uncertainty as exports slow, recruitment difficulties mount and investment plans are scaled back, two surveys showed on Monday. The British Chambers of Commerce...
EU Watchdogs Step Up Plans to Avert Market Meltdown from No-Deal Brexit
Oct 5 2018 // After months listening to the U.K. warn about the risks posed by a no-deal Brexit, European Union financial regulators are now stepping up plans to avert a market meltdown. Daniele Nouy, the European Central Bank’s...
A U.S. Privacy Law Could Be Good for Google, but Bad for You
Oct 3 2018 // U.S. Congress is taking the first steps toward setting national rules governing how companies use consumers data – although one of its goals might be to prevent states from enacting stronger privacy protections of...
UK Financial Services Regulations Unlikely to Be Relaxed After Brexit: KPMG
Oct 3 2018 // KPMG expects Britain to ignore calls to loosen banking rules after Brexit and said in a report on Wednesday it may even become tougher with measures to protect consumers and defend its financial stability from cyber...
Starr Insurance Cos. Appoints Vink from HDI Global as Head of Europe
Oct 3 2018 // Starr Insurance Cos. announced the appointment of Joost Vink as head of Europe. He will be responsible for the profitable growth of all European operations except the United Kingdom. Vink joins the company from HDI Global...
Brexit Price Tag for UK Government Is £500 Million per Week: Study
Sep 30 2018 // Britain’s decision to leave the European Union has cost the government 500 million pounds ($650 million) a week, wiping out for the moment any future savings from stopping payments to the bloc, according to a study...
Most UK Firms Unprepared for EU Exit; Hard Brexit Could Bring Investment Cuts: Survey
Sep 28 2018 // Most British firms are unprepared for Brexit, but a fifth plan to move all or some of their business to the European Union in the event the U.K. fails to reach a deal with the bloc, according to one of the biggest surveys...
UK Financial Firms Expect 5,766 Jobs to Move with Hard Brexit: 3rd Reuters Survey
Sep 26 2018 // As few as 630 UK-based finance jobs have been shifted or created overseas so far ahead of Brexit, while the number of jobs that UK-based financial institutions said they expected to move in the event of a...
As Brexit Day Nears, 630 UK Financial Services Jobs Have Shifted to EU, Reuters Finds
Sep 26 2018 // As few as 630 UK-based finance jobs have been shifted or created overseas with just six months to go before Brexit, a far lower total than banks said could move after Britain’s surprise vote to leave the European...
UK Labour Party Sees 2nd Referendum as Way to Avoid Chaotic No-Deal Brexit
Sep 25 2018 // The U.K. opposition Labour Party plans to vote down Theresa May’s divorce agreement with the European Union, and sees a second referendum as a way of avoiding a chaotic no-deal Brexit. Labour’s Brexit spokesman...
Brexit Divorce Stalemate: EU Leaders Reject UK Blueprint as Deadline Looms
Sep 21 2018 // Theresa May promised fresh plans to break the stalemate in Brexit negotiations after European Union leaders bluntly rejected her blueprint and warned that time is running out for striking a deal. A two-day summit in...
AXIS Capital Names O’Sullivan as CEO of AXIS Specialty Europe and AXIS Re
Sep 20 2018 // AXIS Capital Holdings Ltd. announced the appointment of Helen O’Sullivan as CEO of AXIS Specialty Europe SE and AXIS Re SE. In this role, she will oversee the company’s Irish subsidiaries and their...
UK Finance Minister Urges EU to Help Devise Hard-Brexit Contingency Plans: Reuters
Sep 20 2018 // Britain’s finance minister urged the European Commission to help devise European contingency plans for the financial sector in case of no deal on Brexit, pointing to growing concerns about a disorderly departure from...
Lloyd’s Market Association & Lloyd’s Issue Policy Documents in Preparation for Brexit
Sep 19 2018 // A new suite of policy documentation, to support the underwriting of risks from the European Economic Area by Lloyd’s Brussels, has been published. The new documents were prepared by the Lloyd’s Market...
IMF Contends Failure to Reach Brexit Deal Will Shrink British Economy
Sep 18 2018 // Britain’s economy will shrink if it leaves the European Union without a Brexit deal and it will suffer some damage whatever terms it agrees, the International Monetary Fund said on Monday, challenging the promises of...
