Emerging Market Infrastructure Needs Highlight Global Opportunities
Brazil's next president will have much to do to kick-start the nation's sagging economy, including addressing its infrastructure lacuna.
Banks Deploy Drastic Strategies to Overcome International Challenges
Investors in international banking should keep informed, as many banks are reinventing themselves to keep up with a changing marketplace.
Independent Scotland Would Seek to Keep Pound; London Says No
A vote for independence from the U.K. in Scotland scheduled for September could pave the way for a new currency.
4 Risks Faced by HNWIs When Traveling Abroad
Traveling overseas provides a host of benefits, but especially for the higher-net-worth, make sure you cover the risks before you grab your passport.
RBS Leaves U.K. Asset Protection Plan
Royal Bank of Scotland Group has paid 2.5 billion pounds ($4 billion) to the British government to insure its riskiest assets and agreed to exit the Asset Protection Scheme.
Few Apply for Top BoE Spot
The list of candidates to succeed Mervyn King as governor of the Bank of England is smaller than expected, with many potential candidates disqualified because of recent investigations into bank misdeeds, and two of the top contenders off the list by choice.
IPOs Could Get Easier in U.K.
The U.K. is considering mimicking key provisions of the U.S. JOBS Act, including offering more lenient rules on IPOs.
Congress Prods N.Y. Fed for More LIBOR Info
The House Financial Services Oversight and Investigations Subcommittee told the New York Fed on Monday that it wants more information about the the handling of banks’ alleged “manipulation and suppression” of LIBOR.
5 of History’s Brazen Crooks Who Defrauded Markets
Remember Ken Lay? Probably. Remember Alves dos Reis? Probably not, but he nearly bankrupted a country in 1925.
Gilts Drop on Austerity
While yields are still near record lows and support lingers for austerity policies in some sectors, those policies are backfiring on the bond market in the U.K., with gilts losing 1.92% in Q1.