Shockwaves As EU’s top judges failed to properly scrutinise the European Central Bank’
Germany’s constitutional court sent shockwaves through Europe last week by ruling that the German government and the EU’s top judges failed to properly scrutinise...
£7BN Wiped Off BT Shares As Full Extent Of Accounting Scandal Revealed
BT previously estimated their Accounting irregularities would cost £145 million.Very wrong it appears. In fact so wide of the mark its incredible.
Today they admitted that...
Commerzbank takes bigger hit on loans from Wirecard than Covid-19 debt
Commerzbank took a greater hit from the collapse of Wirecard in the second quarter than from the economic fallout of the coronavirus pandemic, according...
Norway Bucks Global Banking Trend
As much of the world’s central banking community goes into a defensive crouch, Norway is signaling it’s ready to deliver multiple interest rate hikes.
Norges...
IMF chief: Russia’s economy will be devastated by Ukraine war
The International Monetary Fund has drawn criticism for forecasting that Russia will see stronger economic growth this year than either the United Kingdom or Germany, despite...
Delving Into The World of Forex For 2019
At the start of the year, the futures markets are not anticipating any rate hikes from the U.S. Federal Reserve in 2019, and a...
$200 million lost in one day in Gold Market by HSBC
HSBC Holdings Plc lost around $200 million in one day in March because of disruptions to the gold market that caused prices to diverge dramatically in key trading hubs,...
Sharp Increase in Number Of High Earners In EU Financial Institutions
This week it has been revealed (and its the first data since the bonus-cap guidelines were introduced) the disparity of contentious bonus-cap guidelines throughout the...
SoftBank Behind The Billion Dollar Tech Rally on The Nasdaq
SoftBank this week bought billions of dollars’ worth of US equity derivatives in a series of trades that stoked the fevered rally in big...
Investors Absorb Up Italian Debt Despite European Commission
Experimental feature Report a mispronounced word Investors shrugged off political wrangling between the Italian government and the European Commission on Thursday, as auctions for...
First Republic obtains over $27 billion rescue money from big banks
First Republic Bank, facing a crisis of confidence from investors and customers, is set to receive a $30 billion lifeline from a group of...
Barclays and Credit Suisse fined for ‘dark pool’ private market service
European banks Barclays and Credit Suisse have been fined by the US Securities and Exchange Commission for misleading customers over the specifics of so-called...
