Breaking - ArchivesPosts of 03/05/2017

Setting out for the first time the locations that will be beneficiaries of the UK’s exit from the EU, one of the US bank’s most senior executives indicated that other roles would follow once the outcome of the negotiations was known.

“We are going to use the three banks (Dublin, Frankfurt and Luxembourg) we already have in Europe as the anchors for our operations,” Daniel Pinto, JP Morgan’s head of investment banking, told Bloomberg. “ Read more HERE.

The German chancellor, making her first visit to Russia for two years, in a trip described by her officials as bridge-building mission, said she had raised the issue with the Russian president along with other human rights concerns.

A violent crackdown on gay people in Chechnya was first reported in the newspaper Novaya Gazeta, which has alleged that more than 100 Chechen men suspected of being gay have been rounded up and at least three killed. Read more HERE

Thousands of Hungarians have marched across central Budapest in a show of support for the European Union, protesting against what a new political movement sees as a creeping rise in Russian influence under prime minister Viktor Orbán.

The rally follows a series of major demonstrations in Budapest in recent weeks, triggered by a new law that would drive out of Hungary a top university founded by US financier George Soros. Read more HERE