Hints and tips:
Related Special Reports
...The Bank of England is widely expected to keep interest rates on hold....
...But the bank warned that inflation remains “elevated” for service prices, which rose at an annual rate of 6.1 per cent last month....
...Sterling extended early losses against the dollar to trade down 0.4 per cent on the day at $1.273 after the Bank of England held rates at a 16-year high of 5.25 per cent for the fifth consecutive meeting...
...The Bank of England has kept interest rates on hold at 5.25 per cent for the fifth successive meeting, as evidence grows that inflation is falling....
...Microsoft has hired the co-founder of Google’s DeepMind, the Bank of Japan raised interest rates for the first time since 2007, and leading European and UK artificial intelligence start-ups have been lobbied...
...The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com...
...This is not a proposal to weaken the independence of the Bank of England or modify its objectives....
...banks....
...The Bank of England signalled it is edging closer to cutting interest rates following sharp declines in inflation, as its policy committee pegged the official cost of borrowing at 5.25 per cent....
...The Bank of Japan has ended an era of negative interest rates, raising borrowing costs for the first time since 2007 in a historic shift as the country puts decades of deflation behind it....
...Bank of England deputy governor Sarah Breeden has called for more research into non-bank lenders to stave off a “credit crunch sourced in market-based finance”....
...This is an audio transcript of the FT News Briefing podcast episode: ‘Bank of Japan ditches negative rates’Sonja HutsonGood morning from the Financial Times....
...The Bank of England has fined the former chief executive of Wyelands Bank almost £120,000 for “multiple breaches” of regulatory rules in the run-up to the bank’s 2020 implosion....
...Several board members at the Bank of Japan called for a gradual path towards policy normalisation when the central bank last week raised interest rates for the first time since 2007....
...The Bank of England held a press conference after its decision to keep interest rates on hold. Watch the recording here:...
...The bank made no attempts to inquire about the purpose of large transfers made to and from Swiss accounts in their names, Finma said. Bank Audi has a history of ties to Lebanon’s political elite....
...Ermotti’s total pay also dwarfs the awards of chief executives at other major European banks, including Christian Sewing of Deutsche Bank, who was paid €8.9mn last year, and Andrea Orcel of UniCredit, whose...
...For commercial banks, higher rates will boost net interest margins, but regulators are alive to the risk of Silicon Valley Bank-style dynamics from any losses on assets....
...Bank of England deputy governor Sarah Breeden has called for more research into non-bank lenders to stave off a “credit crunch” that could be triggered by a retreat of hedge funds, pension funds, insurers...
...In 2023, JPMorgan Chase, the US’s biggest bank, had the most profitable year of any bank ever — earning nearly $50bn in net income and just used part of that profit to increase the bank’s dividend to shareholders...
...The Bank of England has fined the former chief executive of Sanjeev Gupta’s Wyelands Bank almost £120,000 for “multiple breaches” of regulatory rules in the run-up to the bank’s 2020 implosion....
...UBS said the new arrangement with Apollo — which included the transfer of $8bn of senior secured financing facilities — would result in a $300mn net gain for the bank....
...Clare Lombardelli, chief economist at the OECD, has been appointed a deputy governor at the Bank of England....
...In the exhibition, the Bank of England also explained the ideas behind central bank digital currencies. A CBDC, dubbed “britcoin”, would allow spenders to hold money directly with the Bank of England....
...The Bank of Japan has raised interest rates for the first time since 2007, becoming the world’s last central bank to end negative rates as the country puts decades of deflation behind it....
International Edition