Tag: Brexit

BCR Advisory venture capital
Finance

Banks May Be Hit With $50 Billion Capital Needs After Brexit

BCR teamComments Off on Banks May Be Hit With $50 Billion Capital Needs After Brexit

This article was sourced from Bloomberg. Article by Sarah Jones. Banks may need to find $30 billion to $50 billion of additional capital to support new European units in the aftermath of a hard Brexit, according to Oliver Wyman Inc. The extra money is equivalent to 15 percent to 30 percent of the capital that wholesale […]

BCR Advisory team
Technology World business

Despite Brexit chaos, people are more optimistic about the London tech sector than ever

BCR teamComments Off on Despite Brexit chaos, people are more optimistic about the London tech sector than ever

This article was sourced from Business Insider. Article by Rob Price. LONDON — Britain’s shock vote to leave the European Union last summer has engulfed the UK’s tech industry in confusion — with concerns over everything from visas for foreign workers to the future of funding for venture capital firms. But this hasn’t dampened people’s optimism […]