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BoE's Carney unveils 'next phase' of forward guidance

Mark Carney

Bank of England Governor Mark Carney has unveiled the "next phase" of forward guidance - which initially tied the bank rate to the country's unemployment rates - after a sharp fall in jobless numbers took the central bank by surprise.

Goldman adds to Management Committee

Lloyd Fonzie Blankfein

Goldman Sachs promoted five senior executives to the management committee, including the heads of equity and credit trading, in the largest addition to its top leadership group since 2008.

Bad jobs reports won't change tapering: Yellen

Federal Reserve Logo

Federal Reserve Chair Janet Yellen defended the central bank's policy course, saying the central bank was trying to be as consistent as possible considering the difficulty of the task at hand.



Sec Building

Ex-JPMorgan bankers agree settlement with SEC

Two former JPMorgan bankers agreed to pay about $326,000 to settle U.S. Securities and Exchange Commission charges that they paid millions of dollars to close friends of Jefferson County, Alabama commissioners in order to win $5bn of municipal bond and swap business.