Tuesday , 16 December 2025

Recent Posts

Bank of England to cut growth forecasts over ‘rate-increase’

Bloomberg Mark Carney signaled in June that a Bank of England rate increase may be approaching. Economists doubt it is here just yet. The governor, overseeing an economy that slowed sharply in the first half, will lower growth projections for the next two years when he presents the central bank’s latest forecasts next week, according to economists. The inflation outlook …

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Europe can still build investment-bank champions, says BNP

Bloomberg BNP Paribas SA is showing it’s still possible to build a big investment bank franchise from Europe. France’s largest lender outshone Germany’s Deutsche Bank AG and much of Wall Street for another quarter, posting a standout performance in equity derivatives to help drive better-than-expected profit. Among bright spots: Equity and prime services revenue jumped 26 percent amid surging demand …

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Leadership race heats up at Bank of Italy

Bloomberg The euro area’s third-largest economy is seeking someone to help oversee its struggling recovery — and review the European Central Bank (ECB) stimulus the country relies upon. Competition for the top job at the Bank of Italy, which comes with a seat on the ECB’s Governing Council, is heating up. The position has a high-profile history — ECB President …

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