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Global bourses fall ahead of Fed meeting

  SEOUL / AP Global stocks drifted lower on Tuesday as investors looked to the Federal Reserve’s policy meeting for an expected interest rate increase and hints on future hikes. Britain’s pound fell after the country’s parliament cleared the way for Britain to start its exit process from the European Union. Britain’s FTSE 100 shed 0.1 percent to 7,358 while ...

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Bank of England’s deputy steps down after lawmaker criticism

  Bloomberg Charlotte Hogg resigned from the Bank of England after criticism from lawmakers for failing to disclose that her brother works for a bank she would help to regulate. The resignation is an embarrassment for the BOE and puts it under pressure to show it’s learned from two potential conflict of interest issues in the past few years. Hogg, ...

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Singapore bans ex-Goldman banker, seeks bar on others

  Bloomberg Singapore banned former Goldman Sachs Group Inc. banker Tim Leissner from the securities industry for 10 years and said it plans to issue similar orders against three others caught up in the scandal surrounding 1Malaysia Development Bhd. Leissner, who left Goldman Sachs in February 2016, was sanctioned because he issued an unauthorized letter to a financial institution and ...

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