Bank of England policymakers are growing increasingly uneasy at leaving interest rates at a record low of 0.5%, minutes of their latest meeting revealed. The public record of the ... Read More
The British pound spiked near a six-year high against the dollar on Tuesday after a surprisingly big increase in inflation fueled expectations that the Bank of England may start ... Read More
Bank of England Governor Mark Carney and three other policymakers appeared before British lawmakers on Tuesday to discuss last month’s half-yearly Financial Stability Report, which recommended tighter curbs on ... Read More
Lenders may have to comply with a requirement to set aside funds on top of a proposed minimum of 3pc of their capital, says the Bank The Bank of ... Read More
Central bankers want only a few things. To achieve any of them they usually seek to nudge inflation expectations, demonstrate the transparency of monetary policy, and establish their institutions’ ... Read More
Shearman & Sterling has landed a major advisory role for Bank of America on a sprawling US lawsuit over alleged rates rigging in the foreign exchange market. A filing ... Read More
The Governing Council of the European Central Bank (ECB), in cooperation with the Bank of England, the Bank of Japan and the Swiss National Bank, has decided to continue ... Read More
The rupee hit day’s low of 59.80 against the US dollar in intraday trade amid sustained bouts of demand for the American currency from banks and importers. Earlier, the ... Read More
The British government has announced in a press release publishing the Fair and Effective Markets Review the strategic steps to follow in order to raise standards of conduct in the financial ... Read More
The Bank of England (BoE), ahs announced that it has launched a new framework to help identify areas where the financial sector could be vulnerable to sophisticated cyber-attack. This ... Read More
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