New Financial

New FinancialType| Private

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Industry| Think Tank
Founded| 2014
Founder| William Wright

New Financial is a London-based think tank created in 2014 by William Wright, a former journalist. It has been widely cited in the context of European Union financial services policies and the development of the City of London as a financial center, not least in the context of Brexit.[1][2][3][4][5]

## Background

Wright studied history in the early 1990s at Merton College, Oxford and at University of London. He started his career in banking. In 1996 he joined Financial News and was its Editor from 2003 to 2011. He was instrumental in its sale to The Wall Street Journal in 2007. In 2007 he also completed an International Executive Program at INSEAD.[6]

## Creation and history

Wright created New Financial in 2014 with the stated aim "to explain the role and purpose of capital markets, and to focus the industry on how it can best serve the wider economy."[7]

## Notes

1. ↑ "What Brexit will do to the City of London". 24 October 2020. https://www.economist.com/britain/2020/10/24/what-brexit-will-do-to-the-city-of-london.
2. ↑ Jonathan Ford (9 December 2020). "Future of the City: how London’s reach will shrink after Brexit". https://www.ft.com/content/b609553d-ec54-4765-a46e-016707537aaf.
3. ↑ Lizzy Burden (12 February 2021). "Amsterdam Traders Benefit From U.K.’s Retreat: Brexit Bulletin". https://www.bloomberg.com/news/newsletters/2021-02-12/city-of-london-loses-out-after-u-k-retreat-from-eu-brexit-bulletin?sref=ATN0rNv3.
4. ↑ "How Amsterdam is stealing a march on rivals as Brexit trading hub". 18 February 2021. https://www.reuters.com/article/us-britain-eu-netherlands-focus/how-amsterdam-is-stealing-a-march-on-rivals-as-brexit-trading-hub-idUSKBN2AI0JM.
5. ↑ Dominic Walsh (4 March 2021). "Deliveroo sets out plan for $7bn listing in London". https://www.thetimes.co.uk/article/deliveroo-sets-out-plan-for-7bn-dual-class-listing-in-london-kvfsdpsn6.
6. ↑ "William Wright". https://www.bruegel.org/author/william-wright/.
7. ↑ Angharad Carrick (9 June 2020). "The City View: The future of capital markets, with William Wright - founder of New Financial". https://www.cityam.com/the-city-view-the-future-of-capital-markets-with-william-wright-founder-of-new-financial/.

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