China’s central bank weakened its currency fixing to the lowest since March 2011 as the dollar strengthened.
Citigroup Inc. is the world’s largest currency trader by market share, according to a Euromoney Institutional Investor Plc survey, the third straight year the New York-based bank has led the rankings.
Citi retains top ranking while Deutsche plummets; JPMorgan and UBS rise; top five market share at all-time low; non-bank FX providers make an impact on rankings
The euro zone gave Greece its firmest offer yet of debt relief in what finance ministers called a breakthrough deal that won a commitment from the IMF finally to return to taking part in the bailout for Athens.
Leaving the European Union could add tens of billions of pounds to U.K. government borrowing and force Chancellor of the Exchequer George Osborne to extend austerity into the next decade, according to the Institute for Fiscal Studies.
- ONS: UK Makes £7.1bn Net Contribution to EU – fastFT (subscription)
- Mark Carney Defends ‘Brexit Risk’ Stance – BBC
Protesters threw rocks and bottles at police officers who responded with pepper spray outside a rally for presidential candidate Donald Trump in Albuquerque, New Mexico, police said.
In his latest book, Carlo Ancelotti tells the story of how Roman Abramovich told him before Chelsea played Manchester United in the quarter-finals of the Champions League in 2011, that if his side lost he should not “bother coming back to work”.
CLS Group has renewed and extended its technology partnership with IBM, the original technology partner behind the service.
Monsanto Co. rejected Bayer AG’s $62 billion takeover offer as too low on Tuesday, but the biotech seed giant said it remained open to further deal talks—which Bayer said it found encouraging.
Britain’s “sweetheart” tax deal with Google is under renewed scrutiny after police raided the internet giant’s Paris offices over allegations of money laundering.
Hewlett Packard Enterprise is set to spin off its enterprise services unit, as chief executive Meg Whitman undoes another of the mergers that turned HP into what was once the most broad-based tech conglomerate in Silicon Valley.
The OTC FX market shrank by between 9-11% during 2015, according to a new report from Aite Group.
The biggest buyer of European government bonds may have to start spreading its money around a bit more widely.
Oil futures pushed closer to $50 a barrel on Wednesday, with U.S. crude hitting its highest in over seven months after industry data suggested a larger-than-expected drawdown in U.S. crude inventories last week.
Qatar has become the latest middle eastern government to use international markets to bolster its finances in the wake of falling energy prices.
The US Commodity Futures Trading Commission (CFTC) has adopted a new rule for implementing cross-border margin requirements for uncleared swaps (Final Rule), despite being divided on the rule.
U.S. securities regulators last year told Valeant Pharmaceuticals International Inc. that it needed to clarify how it reported financial results to investors, and that expenses from the drugmaker’s many acquisitions shouldn’t be excluded from adjusted earnings as one-time costs.