The European Commission will on Wednesday tell five euro zone countries, including France and Italy, that their budget plans risk breaching EU rules, say three officials briefed on the decision...
Currency
  • 158
  • 2
22 October 2014, 09:30
Europe's banks will find out whether they have passed their health checks this Sunday when the European Banking Authority (EBA) and the European Central Bank (ECB) announce the results of two separate tests on the financial industry's ability to withstand economic shocks...
Banks
  • 185
  • 2
22 October 2014, 09:22
Google Ventures has landed. As trailed in July, the investment arm of the world’s second favorite technology firm has manifested in London. Yesterday, Google Ventures set out its strategy for investing $100m in Europe and disclosed who it’s hired to lead the new unit...
Events
  • 170
  • 2
21 October 2014, 23:36
After suffering through more than a year of difficult market conditions, fixed income traders were finally having a good couple of months...
Market News
  • 177
  • 3
21 October 2014, 23:33
Brazil’s too-close-to-call election is pushing volatility on the country’s stocks (IBOV) to the highest in nine years relative to emerging-market peers. With polls showing support for President Dilma Rousseff and challenger Aecio Neves within the margin of error, price swings are surging...
Currency
  • 139
  • 2
21 October 2014, 16:47
It’s become a cliché to say that finance jobs pay well, but not as well as they used to. Seven years ago, 25 year-olds in finance were gratefully receiving £1m bonuses and 33 year-old heads of divisions were on £4m...
Banks
  • 927
  • 1
  • 3
21 October 2014, 16:10
If you’re on the look out for new career opportunities in London’s financial services sector, it’s important to know of as yet unheralded companies. Senior bankers at big-name firms are often going it alone...
Banks
  • 362
  • 2
21 October 2014, 12:13
Mario Draghi, the European Central Bank president, indicated in September that the latest measures to boost faltering eurozone inflation and get the economy moving again could increase the ECB’s balance sheet up by to €1 trillion...
Currency
  • 197
  • 2
21 October 2014, 10:44
The California Earthquake Authority, the largest seismic insurer in the U.S., is selling $350 million in bonds to strengthen its ability to pay claims, after the state’s first death due to a quake in 11 years. The debt, which is federally taxable, is the first offering by the authority since 2006...
Market News
  • 116
  • 2
21 October 2014, 10:01
Tim Cook is getting the end-of-year shopping season down to a science. Apple Inc. (AAPL)’s chief executive officer yesterday forecast a record holiday sales quarter, fueled by new bigger-screen iPhones, refreshed and slimmer iPads and the introduction of the Apple Pay mobile-payments service...
Market News
  • 174
  • 2
21 October 2014, 09:47