This week's $ 14 billion merger between Johnson Controls Inc (NYSE: JCI) and Tyco International demonstrates that there are certainly still large M&A deals happening in the
face of the global economic uncertainty that has produced a shaky opening month for markets in 2016.
SAFETY FIRST By Gordon Platt Safeguarding client assets has never been more important in this
era of global economic uncertainty — and even subcustodians are finding themselves increasingly in the spotlight as a result of sovereign and commercial pressures.
And any talk of a July interest rate hike when the Federal Open Market Committee next meets is widely considered «off the table» given the sheer
level of global economic uncertainty.
Mr Brown argued: «What is clear is that at this
time of global economic uncertainty, we should not be throwing into question - as some would - the stability of our relationship with Europe and even our future membership of the European Union - risking trade, business and jobs.»