The government is to resume the sell-off of its stake in Lloyds Banking Group over the next six months, potentially disposing of a further £3bn worth of shares in ... Read More
Royal Bank of Scotland (RBS) and Lloyds Banking Group scraped through the Bank of England’s stress tests with only Co-op of the eight institutions under scrutiny failing to meet ... Read More
Bill Gross, the 70-year-old king of bonds, rushed through the offices of his $2 trillion empire on a Friday morning distributing hand-written notes. He knew his reign was over. ... Read More
The initiative requiring the Swiss National Bank to hold a fixed portion of its assets in gold makes no sense, according to Citigroup Inc., which said the metal was the equivalent ... Read More
The dollar strengthened to a seven-year high against the yen before the Federal Reserve releases minutes of its last meeting, when it ended a bond-buying program. Treasuries and German bunds declined ... Read More
Latest Update at 15:04 US markets have opened and ahead of the latest Federal Reserve minutes, due to be released later, they have got off to a downbeat start. ... Read More
The pound fell for a fourth day against the dollar, approaching a 14-month low, as Bank of England Governor Mark Carney and Chief Economist Andy Haldane signaled they’re concerned that inflation ... Read More
Regulators may need to look at new rules to control the fixed pay of bankers as well as their bonuses so that it can be clawed back in the ... Read More
The Oversight Committee has today published an independent report by Lord Grabiner QC. This follows his investigation into whether, between 2005 and 2013, any Bank of England official was ... Read More
The Financial Stability Board, a panel made up of central bankers, finance officials and top regulators from the world’s largest economies, plans to announce proposals Monday that would double ... Read More
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