To avoid the next Knight Trading catastrophe.
(16 days ago)
The day after bank executive Joseph Terranova pleaded guilty to conspiracy to commit bank fraud, his former boss at Wilmington Trust Co. abruptly quit his job at a small community bank.
(11 days ago)
My colleague Howard Schneider has a great piece out about the growing challenges the World Bank has been facing as the world grows richer and the developing world, in particular, escapes poverty and becomes solidly middle-class. The hotshots on our graphics team put together this fantastic graphic on how the composition, and amount, of the Bank's loans have changed since its...
(1 month and 4 days ago)
Authorities have denied rumors of an impending price rise of natural gas after panic buying in several provinces.
(1 month and 27 days ago)
KINSHASA (Reuters) - The World Bank on Wednesday announced $1 billion in development funding for Africa's Great Lakes region, where renewed fighting this week between the government and rebels in eastern Congo has raised fears once again of an escalation in conflict.
(3 days ago)
KINSHASA (Reuters) - The World Bank on Wednesday announced $1 billion in development funding for Africa's Great Lakes region, where renewed fighting this week between the government and rebels in eastern Congo has raised fears once again of an escalation in conflict. World Bank President Jim Yong Kim unveiled the proposed aid financing for one of Africa's most intractable...
(3 days ago)
As investors (and the risk asset markets they inhabit) have recovered from their deep trough of panic, Credit Suisse believes the recovery has followed a somewhat predictable pattern back to euphoria. The trouble is, based on the last 3 'panic' scenarios of 1982, 2002, and 2008, the current wall-of-worry has been scaled to now euphoric levels, and the equity market looks to...
(2 months and 22 days ago)
The FTSE 100 Index closed at its highest level since May 2008, up 20.7 points to 6359.1, but the pound dropped to six month lows against the US dollar as Bank boss Sir Mervyn King said policymakers were prepared to tolerate another three years of above-target inflation to support economic recovery.
(3 months and 10 days ago)
The gloom and doom theorists swarmed out of the woodwork during the 2008 financial meltdown in reaction to government actions taken to prevent the ?great recession? from morphing into the next great depression.
(7 days ago)
A post-Newtown panel headed by anti-gun Connecticut Democrats Andrew Fleischmann and Beth Bye is rejecting armed guards and embracing emergency “panic” buttons, the Hartford Courant reported Tuesday. Aside from funding considerations,...
(3 months and 1 day ago)
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