Bank of England

HFT and the Fidgeting Fingers of the Invisible Hand

Robert Teitelman | Posted 05.26.2012

Robert Teitelman

Is the SEC looking into traditional malfeasance -- the usual seamy kickbacks or bribes -- or the more esoteric: faster portals into exchange servers for certain select customers? This range of "advantages" may be built into the very concept of HFT. Will the SEC put HFT itself on trial?

Financial Industry's 'Value Added' Significantly Overestimated, Report Contends

Posted 11.30.2011

Banks' contribution to the economy may be hugely overstated, underscoring anger about the scale of taxpayer rescues and resultant government cutba...

Fed, ECB, Other Central Banks Act To Ease Financial System Strain

AP | DAVID McHUGH and PAUL WISEMAN | Posted 01.30.2012

FRANKFURT, Germany — The central banks of the wealthiest countries, trying to prevent a debt crisis in Europe from exploding into a global panic...

Stagflation Risk and What This Means for Stocks

Gemma Godfrey | Posted 12.19.2011

Gemma Godfrey

As the outlook for growth continues to deteriorate, whilst the price for goods and services remain stubbornly high, the risk of stagflation returns. This would be a tough scenario, where policy options tackling one of these issues would only worsen the other.

Moody's Downgrades Credit Rating Of A Dozen UK Banks

AP | By ROBERT BARR | Posted 12.07.2011

LONDON -- A dozen British banks saw their credit ratings downgraded Friday over doubts over the strength of the government's support, in another sign ...

'We Are Witnessing A Growth Slowdown Across OECD Countries'

Posted 11.08.2011

(Leigh Thomas) - The outlook for economic growth in developed countries has got much worse in the last three months, the OECD said on Thursday and...

Simon Johnson: Fear Companies Lurking In Dark Financial Shadows

Bloomberg | Simon Johnson | Posted 07.16.2011

On the face of it, Glencore International AG doesn't look too scary. With about $80 billion in assets, the Swiss-based commodities trader is a lightwe...

Gold May Glitter But Can It Deliver?

Gemma Godfrey | Posted 07.13.2011

Gemma Godfrey

The classic safe-haven investment has seen a strong uptrend in value since the autumn of 2008. Various factors have been credited as drivers of this move, but what is the risk gold could lose its luster?

ECB Hikes Interest Rate Despite Debt Crisis

AP | Posted 06.07.2011

FRANKFURT, Germany -- European Central Bank President Jean-Claude Trichet is saying Europe faces continuing inflation risks despite the economic diffi...

Global Central Banks Face An Essential Revolution

Reuters | Paul Carrel, Mark Felsenthal, Pedro da Costa, David Milliken and Alan Wheatley | Posted 05.25.2011

By Paul Carrel, Mark Felsenthal, Pedro da Costa, David Milliken and Alan Wheatley FRANKFURT/WASHINGTON - On a warm, Lisbon day last May, Jean-Clau...

Mervyn King Has It Right -- Our Financial System Is the Worst

Laurence J. Kotlikoff | Posted 05.25.2011

Laurence J. Kotlikoff

We have the worst possible banking system because it is built on two pillars of straw -- proprietary information and leverage.

William Alden

Basel Won't Prevent Another Financial Crisis, Mervyn King Says

HuffingtonPost.com | William Alden | Posted 05.25.2011

Mervyn King, governor of the Bank of England, criticized the recent Basel III requirements, which increase the minimum amount of capital that banks mu...

The Broken Global Banking System

Ann Pettifor | Posted 05.25.2011

Ann Pettifor

How many Americans understand how broken and defective the banking system as a whole has become? For the crazy facts are these: bankers now borrow from their customers and from taxpayers.

The Future of Banking

Vivian Norris | Posted 05.25.2011

Vivian Norris

Will the emerging market economies be able to sustain optimism or will yet another wave of crisis hit those markets as well? One hopes they do not follow in our Western footsteps.

France Tries to Reduce Debt by Increasing Debt

Max Keiser | Posted 05.25.2011

Max Keiser

To reduce debt, France has announced the sale of State assets. Paradoxically, these sales will achieve the opposite effect and increase the overall indebtedness of France.

DK Matai | Posted 05.25.2011

DK Matai

Editor's Note: This post has been removed from the Huffington Post....

DK Matai | Posted 05.25.2011

DK Matai

Editor's Note: This post has been removed from the Huffington Post....

World Banks Warn Of Looming Crunch

nytimes.com | JACK EWING | Posted 05.25.2011

The sovereign debt crisis would seem to create worry enough for European banks, but there is another gathering threat that has not garnered as much no...

Greece Unsettles Markets as US Stocks Weaken

AP | ELENA BECATOROS | Posted 05.25.2011

ATHENS, Greece — Greece's borrowing costs shot up Tuesday following a report, later denied, that Athens was seeking to revise a deal hammered ou...

Greece, Portugal Debt Worries Drag Down World Markets

AP | JOE McDONALD | Posted 05.25.2011

BEIJING — Asian stocks tumbled Friday as ballooning European debt and a rise in U.S. unemployment claims added to fears the global recovery coul...

Heavy Security In London For Continued Protests [SLIDESHOW]

AP | RAPHAEL G. SATTER, Associated Press Writer | Posted 05.25.2011

This article includes content from HuffPost and Demotix photojournalists. Photographs by Ted Allen, Claire Barthelemy, Amelia Gergory, Sean Hicks, Jo...

G20 Protests: Police, Demonstrators Clash Outside The Bank Of England

guardian.co.uk | Sam Jones and Paul Lewis | Posted 05.25.2011

Skirmishes have broken out between police and protesters outside the Bank of England as the G20 demonstrations in London get into full swing....

G20 Protester Dies Near Bank Of England

Sky News | Posted 05.25.2011

The man was found dead after collapsing at a protest camp near the Bank of England. Police said bottles were thrown at them while they carried him aw...

Bank Of England Slashes Interest Rates To Record Low 1%

The Independent | Posted 05.25.2011

The Bank of England sent interest rates tumbling further to a new historic low of 1% today. Rate-setters cut borrowing costs from 1.5% - the lowest...

Bank Of England Memo Directs Female Employees To Always Wear Heels And Makeup

New York Magazine | Posted 05.25.2011

Well, this is appalling: Earlier this week, the Bank of England held "Dress for Success" day. On that day, they sent out a memo to female employees de...