How Britain’s Breakup With the E.U. Could Reshape World Markets
JPMorgan Chase & Co. said its currency-trading volumes reached a record Thursday night into Friday. The world’s biggest fixed-income trading firm expected to process three times normal daily volume on Friday, CEO Jamie Dimon said in a memo to staff.
Perhaps no company embodies the European project more than Airbus, a politically driven consortium that allowed Europe to remain a player in the aircraft industry after smaller national manufacturers could no longer compete. Airbus produces wings in Broughton and employs 15,000 people in Britain plus tens of thousands more at suppliers.