The National Australia Bank is floating the Clydesdale and Yorkshire Bank, and shares are due to start trading next week
Continue reading “Clydesdale float gets thumbs-up from shareholders”
Barclays has announced several initiatives within its Investment Bank which build on its existing strategy.
Continue reading “Barclays: Initiatives in the Investment Bank”
U.S. gasoline inventories last week surged the most since 1993, overshadowing an unexpected slump in crude stocks, data from the Energy Information Administration showed on Wednesday.
Continue reading “U.S. gasoline stocks surge most since 1993; crude draws down”
Investment guru Warren Buffett is headed for his worst year relative to the rest of the US stock market since 2009, with shares in his conglomerate Berkshire Hathaway down 11 per cent with two more trading days to go.
Continue reading “Warren Buffett faces worst year on stock market since 2009”
What has quantitative easing (QE) done for us? Regular readers may be aware that your blogger is not the greatest fan of QE. But it should be criticised for the right reasons, not the wrong ones. It was not, as John McDonnell, the finance spokesman of Britain’s Labour party said on BBC Radio 4 today, about “saving the banks”.
Continue reading “QE was not about saving the banks”