Tag Archives: Finance

13Aug/17

Virginia governor: “We need to call it out for what it is”

Virginia Governor Terry McAuliffe says current political rhetoric has bred “bigotry and hatred” and urges people to “call it out for what it is.” Continue reading

10Apr/17

Bank of England says won’t publish Libor details until fraud probe over

The BBC releases a recording of an October 2008 phone call between two bankers at Barclays in which one said he was under “serious pressure” from the Bank of England to set an artificially low rate for Libor, an inter-bank borrowing rate.

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03Apr/17

Credit Suisse takes out newspaper ads after raids

Credit Suisse has taken out adverts in British Sunday newspapers stressing a zero-tolerance policy on tax evasion, as the Swiss bank tries to limit any damage to its reputation from raids on three of its offices. Ciara Lee reports. Continue reading

20Mar/17

Billionaire banker David Rockefeller dies at 101

Billionaire philanthropist David Rockefeller, former head of Chase Manhattan Corp and patriarch of one of the most famous and influential American families, dies at 101.

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21Nov/16
Stanley Fischer, vice chairman of the U.S. Federal Reserve

Washington can now help relieve ‘only game in town’ Fed – Fischer

The Federal Reserve’s second-in-command, vice chairman Stanley Fischer, warns against “inviting further trouble” by eliminating some of the so-called Dodd-Frank financial regulations. Jeanne Yurman reports. Continue reading