ECB Cuts Interest Rates..Fuelling Talks Of QE
The European Central Bank’s step into the world of zero interest rates is fueling speculation it may…
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Bank of England
Barclays’ Diamond Blames Regulators
Robert Diamond, who quit this week as chief executive officer of Barclays Plc (BARC), sought to blame other banks…
Europe Shares Mostly Steady Await ECB, BOE Decisions
A cautious mood took hold of investors Thursday, leaving Europe stock markets mostly flat, as decision day for the…
Barclays’ Diamond Faces Angry Lawmakers On Libor Scandal
Bob Diamond, CEO of Barclays, faces critical British lawmakers on Wednesday, a day after quitting over an interest…
Bank Of England Expands Quantitative Easing Program
The Bank of England will probably expand its so-called quantitative easing program as the debt crisis in Europe…
U.K. Inflation Slows On Need For More Stimulus
U.K. inflation slowed more than economists forecast in April, cooling to a level that relieves Bank of England…
Bank Of England Raises Inflation Outlook
The Bank of England on Wednesday raised its short-term outlook on consumer-price inflation, and also lowered its…
HSBC’s Douglas Flint Warns Of A Possible Harm To UK Lending
Douglas Flint, chairman of HSBC, said that the new committee - chaired by Bank Governor Mervyn King - is likely to…
Yen Falls Most in 2 Months Against Euro
The yen lost the most against the euro since February amid speculation the Bank of Japan (8301) will add…
Bank of England Maintains Interest Rate At 0.5%
The Bank of England’s Monetary Policy Committee voted to maintain the official Bank Rate paid on commercial bank…
