The waiting is over. Icap has announced the name by which it will be known once the sale of its hybrid voice broking business to Tulltett Prebon is completed.
Last week saw yet another warning about the dire economic costs of Brexit, this time from the IMF. This followed similar warnings from the Bank of England, HM Treasury, the OECD, the National Institute, and Uncle Tom Cobley and all.
Britain’s biggest business lobby cut its growth forecasts for the U.K. economy and said the referendum on European Union membership has put a “dark cloud of uncertainty” over the outlook.
Institutional investors with access to non-bank liquidity providers execute 20% of their volume through non-bank liquidity providers, according to a new report from Greenwich Associates.
A farcical security blunder led to Manchester United’s final Premier League game of the season being cancelled on Sunday, after a private security firm forgot to remove a fake bomb taped to the back of a toilet door as part of a training exercise at Old Trafford.
Presumptive Republican presidential nominee Donald Trump has sent Prime Minister David Cameron a strong and simple message: I’m not stupid.
Citigroup’s planned exit from Latin America is creating opportunity for Spanish banks looking to grow in a market they believe they understand better than Anglo-Saxon bankers.
FXSpotStream, a wholly owned subsidiary of LiquidityMatch, has become the latest platform to raise transparency levels in foreign exchange by publishing its volume data.
The world’s largest sovereign wealth fund is planning to sue Volkswagen in a rare legal action from Norway’s $850bn oil fund that underscores investor anger over the emissions scandal at the German carmaker.
The Church of England is investing millions of pounds in Google despite its promise to confront companies that are accused of tax avoidance.
UK bank Barclays is preparing to sell its precious metals storage business in the UK for an undisclosed sum, in its effort to get back to basics.
Forecasters and traders are in little doubt the Reserve Bank of Australia will cut interest rates again, and some are saying the specter of disinflation could warrant the first back-to-back easing in four years.
Oil prices jumped over 1 percent on Monday after long-time bear Goldman Sachs said the market had ended almost two years of oversupply and flipped to a deficit following global oil disruptions.
China’s run of disappointing April data underscore the bind facing policy makers seeking to cut capacity from the worst-performing sectors and curb credit excesses in recovering ones without stalling the economy.
The yen eased on Monday as Japan stepped up its threat of intervention in the currency market before the Group of Seven meeting it will host this week, erasing early gains made as Chinese data disappointed.
Wholesale prices in India returned to growth in April for the first time since October 2014, after contracting for 17 consecutive months.
Mark Yallop has been appointed to chair the fixed income, currency and commodities (FICC) Markets Standards Board (FMSB). An external member of the UK’s Prudential Regulation Authority (PRA) board and former investment banker, he will take up the position in July.