Banks will remain closed and capital controls in place in Greece until Wednesday this week as firebrand prime minister Alexis Tsipras attempts to retain the Euro. With debt to GDP ratios high in many other EU member states, the effect of an unpaid 345 trillion euro debt to the ECB looks likely to become his legacy
Read more"I repeat: The deal will either be compatible with the basic lines of Syriza's election manifesto, or there will be no deal. The prime minister is negotiating with this in mind" - Deputy Labor Minister Dimitris Stratoulis
Read moreProfessor of Applied Economics at Johns Hopkins University in Baltimore Steve Hanke advocates a Grexit, stating that the nation joined the Eurozone in order that it could intentionally have no financial discipline
Read moreHSBC is set to review its domicile after tax scrutiny surrounds its Swiss private bank, and further FX manipulation fines arise. Could a Labour win at the polls be the final deciding factor?
Read moreLabour Party Shadow Chancellor Ed Balls may increase corporation tax by 5%, whilst Ed Miliband seeks to hit the high earners. LeapRate takes a close look at the potential effect on the business, and at what has gone before
Read moreAnother brain drain similar to that of the 1970s could occur, potentially damaging London's highly established institutional trading sector, should the Labour Party win the UK General Election. Michael Spencer, CEO of ICAP is one example, as he would consider moving the company to North America
Read moreBristol-based investment and wealth management firm Hargreaves Lansdowne has produced data showing the effect on the stock market according to which political party is at the helm of the United Kingdom
Read moreLabour Party politician Ed Balls is planning to impose a heavy tax on bankers' bonuses should his party win the UK General Election in 2015. As a result, Rothschild is considering paying the 2014 bonus to its staff early, however if this proposed tax becomes a reality, how many bankers and traders will leave London?
Read moreAs the anti-austerity Syriza party enters office in Greece, it becomes ever clearer that the debt which the nation faces will never be repaid, calling into question the future of the eurozone even further, and placing increased doubt over the value of the single currency
Read moreEU Financial Services Commissioner Michel Barnier believes the potential for money laundering and terrorist financing is too serious to ignore
Read more