Carney faces a tough road ahead, so many now feel obliged to offer him advice and tips on how to survive his stint in the UK.
The Canadian dollar was one of the most popular currencies of the year, says Financial Times.
In the current digital age, many youngsters are sleeping with smartphones rather than teddy bears.
The appointment of Mark Carney as the new leader of the Bank of England is nothing short of historic, says new reports.
Shares of Knight Capital rose sharply Monday after a financial analyst upgraded the company from underperform to market perform status.
Mary Schapiro is stepping down as chairman of the Securities and Exchange Commission, effective December 14, 2012.
Demand for Chinese copper dropped 22% in October, to the lowest in over a year, reports ft.com. However, stocks of the metal have risen to a record high. Read: Choose Mexico over China Those two facts signal a warning for the Chinese copper market, and many experts are cautious about the short term outlook of […]
Following the sentencing of ex-trader Kweku Adoboli last week, Britain's financial regulator fined UBS £29.7 million ($47.6 million).
UBS could face up to a £50M ($80 million) fine for management failures that led to a $2.2 billion rogue trading loss. UBS trader Kweku Adoboli was convicted of fraud on Tuesday, and jailed for seven years. Read: UBS trader found guilty of fraud The FSA and UBS are finalising the details of a settlement, […]
The Financial Services Authority (FSA) is investigating allegations that State Street overcharged Ireland’s state pension fund, as well as the Royal Mail and Sainsbury pension funds, reports ft.com. Read: Fraud slipping past Canadian regulators Ireland’s national debt agency says it notified Irish police that State Street reaped €3.2m in improper fees and trading profits from […]