Mervyn King

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  Britain Flirts With Triple-Dip Recession Scenario

  By Marlene Y. Satter, AdvisorOne  |  March 6, 2013

  Triple dip? No, it’s not a fancy ice cream cone, but the situation Britain found itself facing in late January. The tight purse strings of a failed austerity program in the U.K. have caused the British economy to flirt with a triple-dip recession.

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  BRIC Inventor O’Neill Checks Out Early From Goldman Sachs

  By Joyce Hanson, AdvisorOne  |  February 6, 2013

  O'Neill, who coined the term 'BRIC' to describe the emerging-markets juggernaut of Brazil, Russia, India and China, surprised the asset management world with his early retirement.

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  U.K. Retail Sales Down More Than Expected

  By Marlene Y. Satter, AdvisorOne  |  November 15, 2012

  Bank of England Gov. Mervyn King said the Monetary Policy Council had not completely ruled out an additional round of QE in the future, should it be necessary, to boost growth.

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  Gold to Soar: Deutsche Bank

  By Marlene Y. Satter, AdvisorOne  |  November 14, 2012

  Gold is destined for another increase, according to the head of metals trading at Deutsche Bank. In fact, it’s set to jump above $2,000 as governments use stimulus to counter any slowing in economic recovery.

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  Few Apply for Top BoE Spot

  By Marlene Y. Satter, AdvisorOne  |  October 8, 2012

  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.

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  August Deficit Hits Record in U.K.

  By Marlene Y. Satter, AdvisorOne  |  September 21, 2012

  Chancellor of the Exchequer George Osborne could be in for some tough times from the British public should he continue to push through cuts in an attempt to contain the deficit.

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  New York on Solid Ground to Sanction Standard Chartered, Experts Say

  By Marlene Y. Satter, AdvisorOne  |  August 10, 2012

  Experts in the U.S. and abroad say that the bank's internal e-mails give the New York regulator a basis for its unilateral action.

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  Sandy Weill Wants Banks Small Again, Chris Dodd Wants Them Big

  By Gil Weinreich, AdvisorOne  |  July 26, 2012

  If politics makes strange bedfellows, it also makes for strange adversaries.

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  U.K. Recession Deepens

  By Marlene Y. Satter, AdvisorOne  |  July 25, 2012

  As the world counts down to the opening of the Olympic Games in London on Friday, Londoners—and others in Britain—are dealing with an economy that in Q2 of this year slowed considerably more than expected.

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  Regulators Question Interest Rates From Sweden to Singapore

  By Marlene Y. Satter, AdvisorOne  |  July 19, 2012

  Regulators are questioning how interest rates are set across the globe—not just LIBOR and EURIBOR, but also various in-country rates.