There are two ways to look at the news that Antony Jenkins, the chief executive officer of Barclays Plc, will turn down his $1.6 million bonus this year.
The New Year has seen a deal to avoid the fiscal cliff in the US, an easing of bank regulations and the adoption of a more aggressive inflation target in Japan. Policymakers have continued where they left off in 2012: prioritising growth and dampening vol
HMRC has suddenly – and very quietly - announced changes to offshore trusts. But these changes will mean that many people will suddenly find themselves in a taxable position with no consultation, no explanation for the change, and no opportunity to
UBS Chairman Axel Weber raised the possibility of an industry-wide settlement for the rest of the banks involved in the Libor rate fixing scandal at a meeting of top bankers in Davos, sources familiar with the matter said.
There has definitely been a change in the air, and I am not talking about that strange pong emanating from that French company plant near Rouen or those noxious niffs floating around the gloomy tunnels of the London Underground.
European fixed income fund managers believe that the recession in the Eurozone will deepen in 2013, says S&P Capital IQ’s Fund Research in its latest sector trends paper, available at www.marketscope.com.