Thatcher and the Big Bang

WALL STREET REACT TO BROWN/VITTER: COMICAL — Financial Services Forum CEO Rob Nichols on leaked draft of the forthcoming bill by Sens. Sherrod Brown (D-Ohio) and David Vitter (R-La.) to force banks to hold more capital: According to a number of ...

The longest-serving leader of a central bank of a major world economy is not to be found in Europe, or North America, or Japan. It is a 65-year-old man named Zhou Xiaochuan who was recently reappointed to the job he has already held for a decade, ...

By Edmund Blair NAIROBI (Reuters) - When Washington D.C. was in financial crisis in the 1990s, Somali-born Abdusalam Omer joined a team that turned its "junk" bonds into investment grade paper. Now, as governor of the Central Bank of Somalia, he ...

LONDON (Reuters) - Five years after the onset of the global financial crisis, the world economy is in such a chronic condition that the European Central Bank might cut interest rates this week and the Federal Reserve is likely to indicate no let-up ...

- Global Banking Group Calls for Several Rates to Replace Libor - U.S. Applies Money-Laundering Rules to "Virtual Currencies" - SEC Says Big Banks Don't Have to Hold Shareholder Break-Up Votes - CFPB Proposes More Oversight of Nonbank Student Loan ...

May 15 (Bloomberg) -- U.S. stocks rose, erasing earlier losses for benchmark indexes, amid speculation on central-bank stimulus measures as reports showed manufacturing shrank in the world's largest economy. Macy's Inc. added 2.5 percent after ...

Central banks are setting new expectations for monetary policy that may be hard to reverse as they slide deeper into the realms of fiscal policy. To save their economies from debt crises or slow growth, the Bank of Japan is uniting with a new ...

April 17 (Bloomberg) -- The slump in gold may hand activist central bankers more reasons to pursue the easy monetary policy that helped drive up the metal's price in the first place. Among many explanations for the biggest drop in more than 30 ...

Posted 10:27 AM ET Shares of Fidelity National Information Services (FIS) moved higher in the stock market today after the provider of banking and payment technology service beat first-quarter profit views. Jacksonville, Fla.-based Fidelity reported ...