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By Marlene Y. Satter, AdvisorOne |
November 8, 2012
Opening a congress to mark a once-in-a-decade leadership change, President Hu Jintao of China said the country will continue to pursue a boost in domestic demand to spur its economy.
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By Marlene Y. Satter, AdvisorOne |
August 21, 2012
According to SEC filings, Soros Fund Management snapped up more than 3.1 million shares to the tune of 25.8 million pounds ($40.7 million) as of the stock’s closing price on Monday.
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By Marlene Y. Satter, AdvisorOne |
August 21, 2012
Britain is urging major hospitals in its National Health Service to look beyond the country’s borders and offer foreign governments access to U.K. health services in the quest for profit.
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By Dan Berman, AdvisorOne |
July 26, 2012
Without the help of a wealthy philanthropist, the modern Olympics would likely have been moved before the first event was even held.
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By Marlene Y. Satter, AdvisorOne |
July 9, 2012
Paul Tucker, deputy governor of the Bank of England, was to appear before Parliament to give his version of events described in a memo written by Bob Diamond, former CEO of Barclays.
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By Marlene Y. Satter, AdvisorOne |
July 3, 2012
A day after he insisted he had no intention of stepping down, Bob Diamond resigned as head of Barclays Bank effective immediately, bowing to pressure from lawmakers outraged over the manipulation of Libor rates on his watch.
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By Marlene Y. Satter, AdvisorOne |
July 2, 2012
Barclays Chairman Marcus Agius resigned from his post after a LIBOR-rigging scandal resulted in a fine of 290 million pounds. CEO Bob Diamond remained at the helm despite calls for his ouster.
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By Marlene Y. Satter, AdvisorOne |
June 28, 2012
Investors, apparently, not only lack faith in officials to take decisive action on the debt crisis but also do not seem to believe that a bold solution proposed by some can work—because it does not go far enough.
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By Marlene Y. Satter, AdvisorOne |
May 16, 2012
The newly elected French president, Francois Hollande, met with Chancellor Angela Merkel of Germany to discuss the possibility of growth measures as they sought a way out of the Greek debt debacle.
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By Marlene Y. Satter, AdvisorOne |
May 11, 2012
CEO Jamie Dimon said that the office suffered an “egregious” failure and that losses from volatile synthetic credit securities could mount by another $1 billion in this quarter or the third.