By HSBC – announcement here. Marked by a speech by the Chancellor of the Exchequer here. “London has a long history of global financial inventiveness – from founding the first organised market for insurance for trading around the world hundreds of years ago, to the development of the Eurodollar markets through the 1960s, 70s and 80s, and global foreign equities trading in more recent times. RMB trading is the next step along a 400 year road.”
