Search Results for: Bank of England
ECB says QE programme already boosting recovery
April 3rd, 2015
The European Central Bank said Thursday it is increasingly confident that its controversial bond purchase programme is helping boost the eurozone’s economic recovery, even as a top official expressed doubts about its effectiveness. In the minutes of the governing ...
Why liquidity is drying up in the currency market
March 25th, 2015
Sovereign bonds aren’t the only market facing a liquidity shortage. As volatility in the foreign-exchange market has risen over the past eight months, currency traders are finding that liquidity has become much patchier than it once was. Several factors, ...
IBM looking at adopting bitcoin technology for major currencies
March 16th, 2015
International Business Machines Corp is considering adopting the underlying technology behind bitcoin, known as the “blockchain,” to create a digital cash and payment system for major currencies, according to a person familiar with the matter. The objective is to ...
Spain’s Banco Sabadell in Talks to Buy Britain’s TSB Group
March 12th, 2015
Spain’s Banco de Sabadell SA is in talks to buy British consumer lender TSB Banking Group Plc for 1.7 billion pounds ($2.5 billion), to expand outside an economy battered during Europe’s financial crisis. Sabadell, Spain’s fifth-biggest bank, is proposing ...
LONDON STOCK EXCHANGE LAUNCHES ‘1000 COMPANIES TO INSPIRE BRITAIN’ 2015
March 9th, 2015
Second edition of landmark report launched; backed by the three major UK political parties Identifies fastest-growing and most dynamic small and medium sized businesses (SMEs) in UK Publication examines opportunities and challenges facing SMEs 50 company CEOs open trading ...
Court upholds British challenge to ECB policy on clearing houses
March 4th, 2015
The European Union’s second-highest court has ruled the European Central Bank (ECB) was wrong to insist that euro clearing houses should be based in the single currency area, a policy Britain had challenged to defend its financial sector. Lawyers ...
Taxpayers benefit from Lloyds dividend
March 2nd, 2015
Lloyds Banking Group has paid its first dividend to shareholders since it was bailed out in 2008, a total of £535 million. In what Chancellor George Osborne has called a ‘major milestone’ for the British economy, the Treasury’s 23.9% ...
ECB Set to Release Meeting Minutes for the First Time Ever
February 19th, 2015
The European Central Bank is about to lift the veil on how it pushed through unprecedented stimulus against the wishes of some of its members. In a revamp of its communications, the ECB will on Thursday publish a summary ...
Bigger pay packets give pound a lift as sterling hits seven-year high against the euro
February 19th, 2015
Sterling soared to a seven-year high against the euro yesterday, pushed up by record jobs figures and rising wages, with some investors expecting a Bank of England rate hike to come sooner than had been expected. The UK’s employment ...
Tokyo shares at eight-year top, Greek talks loom
February 16th, 2015
Japanese shares touched an eight-year high on Monday following a record close on Wall Street, with investors cautiously optimistic the European Union would make progress this week on a debt deal with Greece. Oil prices faded after an early spurt, ...
