Regulators Question Interest Rates From Sweden to Singapore
Regulators are questioning how interest rates are set across the globe—not just LIBOR and EURIBOR, but also various in-country rates.
S&P 500 Nears ‘Ultimate’ Death Cross: SocGen
It’s a scary name for a scary situation.
Morgan Deemed ‘Winner’ in Moody’s Bank-Rating Massacre
Fifteen banks in the U.S., U.K. and Europe with global capital markets operations saw their ratings cut by Moody’s, some by as many as three notches.
Southern Eurozone’s Woes Simmer On
Despite a weekend bailout for Spain’s banking sector that was meant to reassure investors, markets continued to punish the southern eurozone.
Family Office Exchange Names Alexandre Monnier President
Family Office Exchange, which serves high-net-worth families and their advisors around the world, appointed Alexandre Monnier president last week.
ECB Will Buy Bonds, Not Make Loans: Economists
The ECB is more likely to resume buying up sovereign bonds than it is to make any more cheap long-term loans, according to a poll of economists.
China Growth Slowest in Almost Three Years
China's economy is still slowing, hitting its lowest growth rate in almost three years, with the first-quarter rate prompting fears that additional government intervention might be necessary to halt its downward slide.
Food Drives China Consumer Prices Higher
According to China’s National Bureau of Statistics, consumer prices were up 3.6% from a year ago.
Draghi Tested by German Wage Hikes
European Central Bank President Mario Draghi is in the hot seat over his continuing uniform euro zone policy aimed at controlling inflation.
Britain May Revive Perpetual Gilts
Everything old is new again–Britain is considering bringing back perpetual gilts, long-term bonds that were first debuted after the South Seas Bubble crisis of 1720. With 100-year maturities and today’s extra-low interest rates, the idea is attractive to many.