Public Waiting to See Bankers’ Rewards
Brits are getting ready to be very angry today, as US investment bank JP Morgan gets ready to kick off the reporting season. The expectation is that they will show that they have set aside as much as 6.3 billion […]
Good News from Bank of England
Good news from the Bank of England. In a study they just published, they explain that interest rates will not rise, even though there is surging inflation. They say that the rates can safely be kept at .5%. Alleviating Consumer […]
Legal & General Investments Launches UK Fund
Legal & General Investments recently publicized the launch of the Legal & General UK Equity Income Fund. The fund will be headed by Richard Black. Investments were made available at the fund just a few days ago, and the company […]
Prince Andrew with Gaddafi & Zine al-Abidine Ben Ali?
Prince Andrew is stirring up the royal waters these days, getting himself into all sorts of controversies that could embarrass the royal family with less than two months to go before the royal wedding. Andrew & Ties to Middle East […]
IFC Expanding Program to Bring Investment to Southern Sudan
The private investment arm of the World Bank, the International Finance Corporation has created a program designed to help stimulate more investment into the new country of Southern Sudan, scheduled to emerge as African’s newest independent country on July 9 […]
Libyan Oil Cannot Be Replaced by Saudi Crude
According to analysts and observers of the Middle East, Saudi Arabia will not be able to pick up where the supply of Libyan oil leaves off. A large number of foreign oil companies in Libya have stopped their operations, including […]
Britain Sees Surplus in Borrowing in January 2011
Official data from Great Britain shows that January 2011 had the highest monthly surplus of borrowing in two years. The excellent financial figures were improved by expanding taxation revenues with a total net borrowing in the public sector at 3.735 […]
Coutts to Change Image to Offering Investment Services
Rory Tapner, the new head of wealth at the Royal Bank of Scotland, owner of Coutts, a private UK bank, is making plans to change the reputation of Coutts from a stodgy, conservative a traditional bank to one with a […]
FSA Opening Regulatory Discussion on EFTs
The Financial Services Authority, (FSA) is beginning to take a closer look at the way financial advice is brought to consumers, especially in regards to exchange traded funds, or EFTs. The FSA is concerned with the financial markets in the […]