London to lose $900 billion to Frankfurt due to Brexit, German finance group claims

Boris Roessler | Picture Alliance | Getty Images The skyscrapers of Frankfurt’s banking metropolis. London is predicted to lose up to 800 billion euros ($909 billion) of assets by March next year, as banks move their business operations to other hubs before Brexit takes place. Lobby group Frankfurt Main Finance (FMF) released the figure last week, which it calculated based on a confirmation that 30 financial institutions had applied to the European Central Bank to move their headquarters to Frankfurt. It claimed this number would be higher by March and…

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Japanese princess to lose royal status after marrying commoner

TOKYO –  Japanese Emperor Akihito’s oldest grandchild, Princess Mako, said Sunday she is getting married to a university classmate who won her heart with bright smiles and sincerity. Mako and fiance Kei Komuro, both 25, said at a news conference that their relationship started when the princess sat behind him at a campus meeting five years ago at Tokyo’s International Christian University, where they graduated. “First I was attracted by his bright smiles like the sun,” Mako said, smiling shyly. They talked for the first time at the event for…

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