The Bank of England has avoided further embarrassment over its gilt-buying programme by comfortably succeeding in finding investors willing to sell gilts for its post-Brexit economic recovery plan.
'The only answer is to cut costs'.
Morgan McKinley London Employment Monitor
The sluggish 2016 market for initial public offerings is poised for a more active third quarter, according to Liz Myers, global head of equity capital markets for JPMorgan.
Citigroup has carved out an an improbable niche, given its history of receiving the most federal aid among banks in the wake of the 2008 financial crisis.
Deutsche Bank showed a $2.22bn capital shortfall under Goldman Sachs’s analysis of stress tests conducted by European regulators last month.
The Brexit vote helped knock more than £30,000 off the price of an average property in London during July and has sent prices lower nationally, according to estate agent Haart.
Top bankers and campaign financiers were caught off guard by recent statements from the GOP presidential candidate.
Technology companies are about to enter a golden era of mergers and acquisitions, thanks to a key game-changer in the industry, an investor said.
The Bank of England’s post-Brexit economic recovery plan got off to a stumbling start when it was unable to buy as many government bonds as it needed from major City investors.
Morgan Stanley Chief Operating Officer Jim Rosenthal will retire at the end of the year, according to an internal memo sent to employees by CEO James Gorman on Friday.
U.S. and U.K authorities have made progress in their investigation into allegations that Deutsche Bank helped its clients in Russia disguise suspicious trades, and a settlement could come by the first half of next year, people familiar with the matter said.
BNP Paribas is planning more cost savings in its upcoming 2017-2020 strategy announcement to offset the squeeze on revenue from low interest rates, and may consider raising the proportion of earnings it pays out in dividends.