Category Archives: Indices

Confidence ‘not boosted’ by euro zone pact


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Confidence among financial trading professionals has not been bolstered by a summit meeting in Europe to help improve budget discipline in the region.Stocks tumbled and the euro fell after the gathering, with the European Union (EU) being split on the … Continue reading

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Banks react to MPC rate hold decision


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The Monetary Policy Committee's (MPC) decision to hold the base rate at 0.5 per cent yesterday (December 8th) sparked a flurry of comments from the financial trading and consumer banking sector, in a week when all eyes seem focused on … Continue reading

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Consultation launched to improve large bank pay transparency


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A consultation forming part of the government's commitment to improve transparency in the banking sector was launched today (December 7th), in a bid to tackle "unacceptable" bonus payments.One of the key aims financial trading professionals might already be aware of … Continue reading

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UK banks ‘need to build up buffers’


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Financial trading professionals will have today (December 1st) heard the Bank of England (BoE) encouraging lenders in the UK to build up their capital buffers.Sometimes referred to as the Old Lady of Threadneedle Street and founded in 1694, the body … Continue reading

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ECB ‘considering ultra-long bank loans’


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The option of extending ultra-long loans to financial institutes across Europe is being considered by the European Central Bank (ECB).Reuters reports that the body is looking at the benefits to be had by increasing the terms of the agreements it … Continue reading

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Cameron: Short-term measures not the answer


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Implementing short-term measures in a bid to boost the UK's struggling economy in the aftermath of the global recession would not be a sensible idea.That is according to prime minister David Cameron, who has insisted that using temporary monetary stimulus … Continue reading

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