Allianz Fires Two Managers In Wake Of Investment Fund Collapse
By Tom Sims FRANKFURT (Reuters) -Allianz has dismissed two asset managers who oversaw a group of investment funds that collapsed…
EU sanctions 22 Myanmar officials, gas company, over abuses
BRUSSELS (AP) — The European Union on Monday imposed sanctions on several top officials in Myanmar and on a lucrative…
Don’t Create Booms And Busts With Post-Brexit Reforms, Bank Of England Says
By Huw Jones LONDON (Reuters) – Requiring regulators to keep the financial sector globally competitive following Brexit must not bring…
EU Investment Funds Need Overhaul To Exploit Single Market, Says Report
By Huw Jones LONDON (Reuters) -The European Union’s 19 trillion euro ($21.6 trillion)investment funds industry is failing to exploit the…
Trump’s social media app launches year after Twitter ban
NEW YORK (AP) — Former President Donald Trump’s social media app that he hopes will rival Twitter launched Monday as…
US Fed governor opens door to half-point rate hike in March
WASHINGTON (AP) — Federal Reserve Governor Michelle Bowman said Monday that she was open to lifting interest rates by more…
Fed’s Bowman: Too Soon To Tell If Half Percentage Point Rate Hike Needed In March
(Reuters) – It is too early to know if the Federal Reserve will need to start its tightening cycle at…
Euro Zone Recovery Regained Pace In Feb Despite Soaring Prices -PMI
By Jonathan Cable LONDON (Reuters) -The euro zone economic recovery regained momentum this month as an easing of coronavirus restrictions…
EU Parliament’s Top Group Suggests Blacklisting Switzerland After Credit Suisse Leaks
BRUSSELS (Reuters) -The main political grouping in the European Parliament called on Monday for a review of Switzerland’s banking practices…
German officials condemn climate protests at roads, port
BERLIN (AP) — German officials condemned protests Monday by climate activists who blocked roads including near the country’s biggest port….