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By Stephen Kirkland and Inyoung Hwang, Bloomberg |
May 28, 2013
Global stocks rose for the first time in five days, commodities gained and Treasuries slid as U.S. reports showed consumer confidence reached the highest level since 2008 and home values jumped the most in seven years.
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By Gonzalo Vina |
May 18, 2013
An independent Scotland would have a banking system too big to save in the event of a crisis, the U.K. Treasury said.
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By Takahiko Hyuga and Takako Taniguchi |
April 11, 2013
RBS's Japan brokerage unit head will reportedly step down as the company faces punishment for attempts to rig benchmark interest rates.
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By Ambereen Choudhury and Rebecca Christie |
April 2, 2013
The European Union’s planned tax on financial transactions could add $6 billion to the cost of issuing U.K. government debt.
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By Liam Vaughan, Bloomberg |
April 2, 2013
The British Bankers’ Association, the lobby group that oversees Libor, said it will delay publishing banks’ individual submissions by three months in an effort to restore confidence in the benchmark rate.
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By Lucy Meakin, Bloomberg |
March 15, 2013
The pound advanced for a third day against the dollar after Bank of England Governor Mervyn King said policy makers aren’t trying to talk it down, damping speculation they are seeking a weaker sterling to spur growth.
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By Saijel Kishan, Miles Weiss and Jesse Westbrook |
November 20, 2012
Europe’s second-biggest hedge fund is rebuilding in the United States after largely pulling out during the 2008 financial crisis.
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By Nandini Sukumar |
October 11, 2012
Nasdaq OMX Group Inc., which is competing with Europe’s two biggest futures exchanges, has hopes for more than 10 percent market share in its first year of operation.
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By David Goodman, Bloomberg |
October 4, 2012
The pound strengthened against the dollar, rising the most in almost two weeks, as the Bank of England kept its asset-purchase target at 375 billion pounds ($605 billion) at a meeting today.
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By Jesse Westbrook and Liam Vaughan, Bloomberg |
July 6, 2012
Robert Diamond said a backlash that has led to the resignation of senior managers and erased $5 billion from the bank’s market value is a consequence of the lender being the first sanctioned for rigging interest rates.