Bank of england Stories
Some British Insurers Agree To Suspend Dividends Over Growing Coronavirus-Related Uncertainties
A number of large UK insurers bowed to regulatory pressure by scrapping dividends
Large UK Banks Suspend Dividend Payments To Preserve Cash For Expected Recession
Some of the largest banks in the UK have agreed to cancel or delay dividend payouts
Thursday's Stock Market Close: US Equities Climb On Fed, White House Actions, Crude Oil Surges
U.S. stocks rose on Thursday after Trump signed virus relief bill and Fed unveiled new stimulus measure
Bank Of England Slashes Interest Rates Again: Will It Help The Pound Sterling?
The Bank of England has again cut interest rates in an emergency measure
Monday's Stock Market Open: US Equities Plunge Despite Global Central Bank Actions, Oil Drops Below $30
U.S. stocks dropped on Monday despite massive stimulus package from the Fed
US Fed Slashes Key Interest Rate, Rolls Out Massive Response To Pandemic
The Fed made its second emergency rate cut in less than two weeks, lowering the benchmark borrowing rate to a range of 0-0.25 percent, where it was during the 2008 global financial crisis.
Wednesday's Stock Market Close: US Equities Plunge As WHO Declares Coronavirus A Pandemic
U.S. stocks dropped on Wednesday as World Health Organization declared coronavirus a pandemic.
Bank of England Cuts Rates To Mitigate Coronavirus Fallout, ECB May Do Likewise
The Bank of England cut rates to record lows on Wednesday.
Wednesday's Stock Market Open: US Equities Plunge As Market Rollercoaster Speeds Along, Oil Drops
U.S. stocks dropped on Wednesday as investors’ doubts over stimulus strategy against coronavirus re-emerged.
Tuesday's Stock Market Open: US Equities Mixed As G7 Ministers, Central Banks Vow To Fight Virus Effects
U.S. stocks turned higher after the Federal Reserve suddenly cut interest rates
Mortgage Costs May Increase As Banks, Markets Get Ready To Ditch Libor Benchmark
Repayment cost of loans and debt contracts based on floating rates could change with the world financial community planning to ditch London-based Libor, the interbank rates benchmark, by 2021-end.
Thursday's Stock Market Close: US Equities Rise Despite WHO Declaring Virus A Global Emergency
U.S. stocks rose on Thursday although the World Health Organization declared the coronavirus outbreak a global emergency
Thursday's Stock Market Open: US Equities Drop As Death Toll From Coronavirus Climbs In China
U.S. stocks fell on Thursday as Chinese authorities said the coronavirus outbreak keeps spreading.
Monday's Stock Market Open: US Equities Rise Ahead Of Signing Of China Trade Deal
U.S. stocks rose on Monday as traders look forward to China and US officials signing trade deal this week.
BoE Chief Calls For Faster Action On Climate Change
BoE chief calls for faster action on climate change
Britain Names New Central Banker For Post-Brexit Era
Britain names new central banker for post-Brexit era
Andrew Bailey Selected As Next Bank Of England Chief: Reports
Andrew Bailey selected as next Bank of England chief: reports
Thursday's Stock Market Close: US Equities Rise As Market Shrugs Off Trump Impeachment
U.S. stocks rose on Thursday, shrugging off the impeachment of President Donald Trump by the House of Representatives.
Thursday's Stock Market Open: US Equities Open Higher Despite Trump Impeachment
US stocks are higher on Thursday after Trump impeachment vote.
Monday's Stock Market Close: US Equities Rise On Continued Optimism Over US-China Trade Deal
US stocks closed higher on investor optimism over the China trade deal.
Who Is Minouche Shafik? The Next Bank Of England Chief Could Be An Egyptian Woman
Minouche Shafik is rumored the become the next governor of the BoE.
Paul Volcker, US Fed Chief Who Led War On Inflation, Dead At 92
Paul Volcker, US Fed chief who led war on inflation, dead at 92
Climate Crisis Has Reached 'Point Of No Return', UN Chief Says
Climate crisis has reached 'point of no return', UN chief says
Stormclouds Gather For Facebook's Libra Currency
Mark Carney floated the idea of a cryptocurrency backed by central banks
Could cryptocurrency dethrone the dollar?
Don't expect the US to let its currency dwindle without a fight
Brexit Chaos: Theresa May's Deal Defeated In UK Parliament
Theresa May’s Brexit divorce deal was defeated in Britain's Parliament by 230 votes Tuesday, pushing the prime minister and the country into political chaos and threatening a potentially disorderly exit from the EU.
Bitcoin 'Evil Spawn Of Financial Crisis', European Central Bank Board Member Says
The European Central Bank's Benoît Cœuré shared the opinion of Agustín Carstens, a Mexican economist, that bitcoin is "a combination of a bubble, a Ponzi scheme, and an environmental disaster."
The Bank Of England Is Planning A Bitcoin-Style Virtual Currency – But Could It Really Replace Cash?
National cryptocurrencies could make payments faster and prevent crime, but they come with their own risks.
United Kingdom Boosts Fintech While Americans Threaten To Suffocate Bitcoin
The Bank of England moves to even the playing field for fintech startups.
Jane Austen Fans React To Pride And Prejudice Quote On New Bill Honoring Author
It is a truth universally acknowledged ... that Jane Austen fans took to social media to mock the new British banknote honoring the author, 200 years after her death.