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life city!

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"Everyone is preparing for the worst," says Davide Serra, chief executive officer of Algebris Investments, a hedge fund he co-founded in 2006. "You will see the emergence of Frankfurt, Paris, Dublin, Luxembourg, Madrid."

"To the world, London now matters more than New York," he adds. "In 10 years' time, New York will matter more."

The Rise of the City

Looking out from the headquarters of Rothschild & Company, London's past and potential future are effectively laid out on display.

The building sits on land that once held the home of the founder Nathan Mayer Rothschild. Conference rooms look down on the Bank of England. Across the River Thames, a 95-story, glass-fronted pyramid known as the Shard punctuates the view. It was erected by a consortium of investment funds from Qatar.

Within the original City of London - the heart of the finance industry, known as the Square Mile - cranes sit atop a half-dozen new skyscrapers in various stages of completion. Who will occupy them once Britain leaves Europe?

Nathan Mayer Rothschild saw the beginning. Born into a Jewish ghetto in Frankfurt, he landed in the English mill town of Manchester at the end of the 18th century, intending to buy patterns for his family's textile business.

He soon sniffed out a better opportunity in the City of London, the warren of streets laid down by the Romans at the lowest crossing point of the Thames. The bounty of empire was landing on the docks - tea from India, silk from China, cotton from the American South. Trade required credit. Mr. Rothschild carved out a niche. He negotiated terms at the Royal Exchange - today, a shopping mall full of Italian luxury goods.

As the Duke of Wellington confronted Napoleon at Waterloo in 1815, Mr. Rothschild worked on behalf of the crown, quietly amassing gold and silver to pay the troops. Napoleon succumbed.

The Rothschild bank soon helped other governments finance operations by borrowing from British merchants.

By the middle of the 20th century, Warburg, another London bank, was selling bonds for the Italian highway network, raising $15 million in American currency. This was the first issue of so-called Eurobonds, those raised in foreign currency - now a mammoth business.

The mid-1980s brought the run of deregulation known as the Big Bang. Financial firms gained the freedom to set their own commissions, and to speculate and advise clients. Overseas companies could now acquire British banks.

In the foreigners came - especially the Americans. The rule of law prevailed. The English language sufficed. A banker waking up in London could trade in Asia in the morning, then across Europe, catch the opening of markets in New York, and still make it home for dinner at some palatial spread in a leafy neighborhood.

London finance had previously operated by gentlemanly code.

"I used to catch the 5-to-9 tube," recalls Robert Leitão, who spent the '80s at Morgan, Grenfell & Company, one of the oldest banks in the City, and who now counsels clients on mergers for Rothschild. "We were reliably in a bar by 5 o'clock."

Yet as investment banks like J.P. Morgan and Morgan Stanley swept in, they began poaching clients. "We had to get up earlier," Mr. Leitão says.

He recalls his first brush with an American bank during a telecommunications merger in the early 1990s.

"We'd go in with our little black-and-white documents and Goldman Sachs came in with what was the first landscape-color presentation we'd ever seen," he says. "I remember one of my colleagues saying to me as we came out of that meeting, 'Oh my God, the world's changed.'"

As trading swelled and buildings required rewiring for high-speed internet, the global banks outgrew the City. Many established headquarters in new skyscrapers in Canary Wharf.

Much of what was taking place now had little to do with financing business. Money was arriving to avoid tax collectors in other jurisdictions. Traders were wagering via exotic, lightly regulated instruments known as derivatives - creations that would play a leading role in pulling the world into the financial crisis of 2008.

Paul Woolley worked in the asset management industry. He watched pension funds flood in from around the world, as local managers concentrated more on collecting fees than doing right by retirees. He saw London refashioned into a playground for hedge fund billionaires.

"I'm in favor of free markets," says Mr. Woolley, now a professor at the London School of Economics, where he oversees the Cent er for the Study of Capital Market Dysfunctionality. "But the whole thing has ballooned into a complete monster."

The Channel Widens

For Mr. Kemp, Citibank's global head of futures, history is rolling backward.

Back in 1987, when he landed in Paris, working as a broker at a French bank, every nation was effectively its own fief. Buying a bond in Spain meant having to go through the local trading desk.

But as Mr. Kemp jumped to JPMorgan Chase and more recently to Citi, these institutions increasingly concentrated people in London.

More than a trillion dollars in foreign exchange and interest rate derivatives change hands in the City every day, nearly three times the volume in New York, according to the Bank for International Settlements.

"It just made perfect sense to focus everything in a U.K. entity," Mr. Kemp says. "Now, we are looking at unwinding that ball of string that we've worked so hard to put together over the last 20 years."

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great britain withdrawal from eu (brexit)

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'Brexit' Imperils London's Claim as Banker to the Planet

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"Everyone is preparing for the worst," says Davide Serra, chief executive officer of Algebris Investments, a hedge fund he co-founded in 2006. "You will see the emergence of Frankfurt, Paris, Dublin, Luxembourg, Madrid." "To the world, London now matters more than New York," he adds. "In 10 years' time, New York will matter more."

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Trams and city life in Kraków Poland 2016.

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Film of trams and city life in Kraków march 2016. Följ mig gärna på: https://plus.google.com/u/0/+JeffTT

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life city!

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Guns N' Roses - Paradise City (música para ouvir e letra da música com legenda)! Take me down to the paradise city / Where the grass is green and the girls are pretty / Take me home / (Oh, won't you please take me home)

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city ​​of Dreams

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Casa No Campo - Elis Regina (Tradução em Inglês) Letra da música | Eu quero uma casa no campo Onde eu possa compor muitos rocks rurais E tenha somente a certeza Dos am

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vida no campo - Tradução em inglês - exemplos português | Reverso Context

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Traduções em contexto de "vida no campo" en português-inglês da Reverso Context : Isso é o cerne da vida no campo.

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country life!