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ECB Initiates Forward Guidance, BoE to Follow Suit
Friday, July 5, 2013 - 11:02am | 771Read More...While most Americans were eating hot dogs and celebrating the birth date of the United States, the Bank of England and the European Central Bank took unprecedented steps in launching forward guidance in their interest rate decisions. The move sent shares higher and the pound and the euro...
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Goldman Sachs Caps Pay Of U.K. Partners
Monday, January 25, 2010 - 6:10am | 121Read More...The BBC reported that in a bid to quiet the uproar over huge banking bonuses following government bailouts and the worst financial crisis in decades, Goldman Sachs' (NYSE: GS) 100 U.K.-based partners will have their total pay and bonuses for 2009 capped at 1 million pounds ($1.6 million) each. An...
