As David Byrne ate breakfast at the Tongli Lakeview Hotel outside Shanghai one Sunday in April, an angry customer was waiting for him.
Britain has taken over from Japan as the world’s wildest bond market, raising new questions about the distortions being caused by central banks.
When the European Central Bank introduced a negative interest rate on lenders’ deposits two years ago, few thought things would ever go this far.
A broad range of banks and tech companies say they have found ways to apply blockchain technology to commercial lending operations known as trade finance.
The European Banking Authority’s stress tests released on July 29 served as a key plank in the region’s effort to publicly demonstrate to markets and regulators around the world that its banking system is on the mend.
Thomas Ozello, a student at France’s elite École Polytechnique, planned to follow the well-trodden path from applied mathematics to a London trading desk.
Big Wall Street banks are asking the U.S. Federal Reserve to grant them an additional five-year grace period to comply with a financial reform regulation known as the Volcker rule, people familiar with the matter said.
The European Union’s antitrust authority opened a full-blown investigation into the proposed merger of Dow Chemical Co. and DuPont Co., which could require the companies to make bigger concessions to clear their blockbuster deal.
Bats Global Markets (Bats) has announced plans to acquire Javelin, a Swap Execution Facility (SEF) that is registered with the US Commodity Futures Trading Commission (CFTC).
The CME Group has delisted its E-micro USD/JPY and E-micro USD/CHF futures contracts with immediate effect.
A troika of stock indexes hit records in tandem for the first time since 1999. The question is whether the party is just getting started.
European stocks struggled for direction Friday as investors weighed concerns about the Chinese economy against a recent rebound in oil prices.
Stocks have bounced, but investors prefer bonds.
Asian stocks inched up on Friday, after a surge in oil prices helped propel Wall Street to record highs , while mainland shares held on to gains on hopes that weaker-than-expected Chinese economic data would spur policy easing.