sterling

Shares of Invesco Ltd. (NYSE: IVZ) have been hit by the Brexit vote due to its exposure to the country. But, the investment management firm's strategy to hedge against falling pound helped it to avoid more losses. On June 23, Britons voted to leave the EU, triggering a sell-off in the pound and...

The world's biggest banks are planning on pulling an all-nighter June 23–24 as they are expected to draft in senior traders to work after Britain's EU membership referendum, the long-awaited "Brexit" vote. According to a Reuters report, Wednesday into Thursday is "set to be among the most...