09/03/2012
US Federal Reserve Chairman Ben Bernanke’s speech at the central bankers’ conference in Jackson Hole focused on the successes of non-traditional monetary policy measures over the past four years in response to the 2008 global financial crisis,
09/02/2012
Well unlike last summer, it seemed that the world decided not to fall apart and stock markets did not collapse by 20% on the basis of useless comments from a credit rating agency
08/22/2012
Speaking to British daily, India-born Pandit said Citi is set to glean majority of its business from emerging markets with Asian and Latin American consumers as well as trade between those regions and Africa driving growth.
08/21/2012
Mr. Taylor suggested investors should consider a portfolio that puts a slightly greater allocation to equities than to bonds and cash. He also recommended a greater allocation to Canadian and U.S. stocks than to non-North American equity markets.
08/21/2012
The teenager received need-based aid of roughly $30,000 from each of these schools, but that would leave the parents far short of what they could afford.
08/21/2012
If one is to believe that the implementation of reform in the financial services industry truly is worth doing, then the pace of change here in Washington should be music to one’s ears.
08/19/2012
That would be such an incredible Wall Street comeback that he might even unseat Wall Street's current come-back master, Michael Milken.
08/15/2012
The Asia-focused bank agreed to a fine of $340m and to allow monitors and examiners of his choice reporting to the New York State department of financial services to be installed in its New York branch to ensure it is abiding by anti-money laundering legi
08/14/2012
Shave off £5.8bn and set to bake for one week. Take out of oven right before courtroom hearing. Serve cold to investors.
08/13/2012
There is a no-holds-barred offensive to run each other down, accusing the other side of bias and conspiracies
08/13/2012
Their motto is risk management über alles. These funds—though they are loath to admit it—are driven by risk management much more than by fundamental ideas.
08/12/2012
Peter Sands, the chief executive of Standard Chartered and until last week the High Priest of banking virtue, must be wondering what he's done in a previous life to deserve the attentions of Benjamin Lawsky.
08/09/2012
The new reality for wealth managers will be characterised by lower margins, increased costs and client caution.
08/08/2012
Many global organisations can do a lot more to protect their private data and reduce exposure to attacks by hackers, according to KPMG.
08/07/2012
In his book The Origin of Species, Charles Darwin laid out his theory of evolution, in which he theorized that effective adaptation to their environments led certain organisms to survive and flourish, while those that did so less well fell by the wayside
08/07/2012
The index is not perfect and the relationship does not hold in reality because of a number of factors, but it is useful in highlighting big anomalies. Thus on a light-hearted look, Big Macs are now cheapest in Hong Kong and cost less in London than Zurich
08/07/2012
I'm now left more convinced than ever that US politicians and regulators have a hidden objective in exposing the wrong-doings of UK banks.
08/05/2012
A Colombian necktie wasn't a piece of clothing, but a gruesome execution method. When I was 7 years old my barber was murdered in his shop, apparently over a drug deal.
08/02/2012
It’s not your imagination, says Rakesh Malhotra, a longtime COO who has worked in Asia, East Europe and United States and led cross-cultural diverse teams.
08/02/2012
From changes in channels, payments, sales culture and product profitability, bank marketing teams have the opportunity to be more relevant and plugged in than ever. And that means, goodbye free toasters, hello leading the sales-and-service charge.