09/12/2011
Bank of Nova Scotia is taking a stake in China’s Bank of Guangzhou, a small but expanding commercial lender in a region where growth remains robust, especially by global standards.
09/12/2011
While this is a blunt tool, we do believe it provides a good illustration how the sector has historically discounted the spot gold price, but currently does not seem to believe that the current $1800/oz gold price will hold.
09/07/2011
Hedge funds, betting on global markets and driven by computer models, were among those hardest hit by Switzerland's shock intervention on Tuesday to reverse profitable bets on the Swiss franc's "safe-haven" status.