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By Marlene Y. Satter, AdvisorOne |
May 17, 2012
So many Greeks have withdrawn savings from banks since Monday that on Wednesday the ECB cut off funding to four Greek banks that it did not consider solvent.
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By John Sullivan, Advisorone |
May 9, 2012
The bond king says real assets and commodities should occupy an increasing percentage of portfolios.
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By Marlene Y. Satter, AdvisorOne |
April 30, 2012
A second Goldman Sachs candidate has entered the running to replace Bank of England Governor Mervyn King when he steps down in June 2013.
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By Marlene Y. Satter, AdvisorOne |
April 25, 2012
For the first time since the 1970s, the U.K. is in a double-dip recession. A construction slump added to a fall in GDP in Q1.
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By Marlene Y. Satter, AdvisorOne |
April 20, 2012
BoE official Andrew Haldane pointed out areas in which regulators should consider imposing limits and restrictions, among them the question of how much in assets a bank should be allowed to pledge to investors.
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By Joyce Hanson, AdvisorOne |
April 18, 2012
Global central banks' determination to keep interest rates low has forced investors to put money into risky securities, Thornburg's fixed-income portfolio managers warn.
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By Marlene Y. Satter, AdvisorOne |
April 18, 2012
Adam Posen switched his vote on quantitative easing at the last meeting of the BOE Monetary Policy Committee, clearing the way for a possible pause in quantitative easing in May.
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By Marlene Y. Satter, AdvisorOne |
April 5, 2012
Manufacturing in the U.K. surprised economists by falling 1% in February, when they had expected it to increase by a small margin. To add to the glum news, January’s numbers were adjusted downward as well.
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By Marlene Y. Satter, AdvisorOne |
March 21, 2012
Monetary Policy Committee members Adam Posen and David Miles came down in favor of boosting stimulus, while the other seven members opted for a wait-and-see stance.
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By Marlene Y. Satter, AdvisorOne |
March 7, 2012
The British Bankers’ Association, apparently distancing itself from controversy, has deleted links from its website that refer to its role in setting the London interbank rate as investigations over charges of rate manipulation swirl across the globe.
