The Bank of Japan has stunned the world with fresh blitz of stimulus, pushing quantitative easing to unprecedented levels in a bid to drive down the yen and avert a relapse into deflation.
LONDON� Royal Bank of Scotland Group PLC on Friday said it set aside �400 million ($640 million) to cover potential fines for the alleged manipulation of foreign-exchange rates, as the U.K.
Marketing services network WPP has reported a slower than expected 3.1% rise in third quarter revenue to �2.76bn. Reported revenue in its Data Investment Management division fell 4.7% to �588m, but allowing for currency effects and acquisitions, ...
The United Kingdom's net contribution to the European Union increased by a third last year, to �11.3bn, according to new figures.
Michael Spencer, the founder of interdealer broker ICAP, has sold his online spread betting company City Index to US rival GAIN Capital Holdings for �118m.