Tag: Banking
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BoE chief economist says UK inflation could top 5%
The Bank of England’s new chief economist, Huw Pill, said that inflation in Britain could surpass a 5%. The Financial Times reported this news. Pill told...
Caixabank considers selling 9.92% stake in Erste group
Spain’s Caixabank said that it was considering selling its entire 9.92% stake in the Austrian lender Erste Group Bank. The stake has currented a market value...
48 branches of Lloyds Bank to close again
Lloyds Banking Group will close a further 48 branches across England and Wales. This is stated by the British lender. This is because it seeks...
Bundesbank chief Weidmann quits early
Bundesbank President Jens Weidmann will step down more than five years early. This will open the door for Germany’s new government to pick a less...
BoE ends closed door policymaker briefings with banks
The Bank of England will no longer hold off-the-record briefings between policymakers and individual private sector firms. This is because of the scrutiny over the links...