Brexit Talks - Earnings Season
US bank Citigroup is set to become the latest Wall Street bank to pick German financial hub Frankfurt as its European Union base this week in preparation for when Britain leaves the 28-nation bloc.
Britain's decision to leave the European Union is forcing the country's leading companies into a corner. No-frills airline easyJet is the latest in a series of relocations to prepare for life after Brexit.
The City of London's regulator has said major City firms will start executing contingency plans at the end of the year if there is no agreement about the UK's transition for exit from the EU. Citigroup is off already.
A new round of US sanctions on Russia hammered out by Congress includes language that would make it harder for President Trump to lift them. But the bill also contains a passage that could increase tensions with Europe.
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