Bank of England Sets Out Rules for Libra Launch in the UK
The central bank has finalized principles the Facebook-led cryptocurrency project must adopt before a U.K. launch......»»
Market Snapshot: Dow slips as bank stocks hit by Fed decision on capital requirements but Nasdaq recovers
U.S. stocks remain mixed Friday afternoon, after slumping when after the Federal Reserve said it would not extend temporary relief from capital-requirement rules for banks......»»
Bank of England signals it"s not worried by rising bond yields as it leaves monetary policy unchanged
The Bank of England did not push back on rising bond yields, saying they were a result of stronger growth expectations. The Bank of England left mone.....»»
Bank of England leaves Bank Rate unchanged at 0.1%, asset buys at GBP895B
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Bank of England makes no changes and says no tightening until "significant progress" made
The Ba.....»»
SpaceX sets new record with latest Starlink launch
Space Exploration Technologies Corp. made history again over the weekend with its latest Starlink mission. The Hawthorne, California-based aerospace company launched and landed a Falcon 9 first stage booster for a record ninth time. The mission f.....»»
FDA sets out new rules for vaccine and test developers over variant worries
The Food and Drug Administration on Monday issued a set of guidance documents for companies that are developing COVID-19 tests, vaccines, and antibody-based therapies as a result of new variants of the virus that have emerged. There .....»»
Maryland sets date to open mass vaccination site at M&T Bank Stadium
Appointments will be available starting sometime next week......»»
Ball Corp. sets retail launch of Rome, Ga.-made recyclable aluminum cups for early 2021
The aluminum cups, which have been used at some sporting events through a limited pilot program, can be recycled infinitely, according to Ball......»»
Bank of England says it was appropriate to start preparing for negative interest rates
The Bank of England on Thursday said it was time to start preparing for negative interest rates. "While the Committee was clear that it did not wish to send any signal that it intended to set a negative Bank Rate at some p.....»»
London Markets: Pound rises as Bank of England says there won’t be negative interest rates for at least 6 months
The pound rose on Thursday after the Bank of England tried to be as cautious as possible in saying it was time to start preparations for adding negative interest rates to its tool kit......»»
Bank of England downgrades UK growth forecast for 2021 after new lockdown - but holds interest rates as vaccine rollout picks up
The Bank of England was more pessimistic about 2021 growth, but said the UK's speedy vaccine rollout will boost the economy further out. .....»»
What you need to know on the markets this week: "Eat the rich" - Robinhood"s reckoning after GameStop, the Bank of England"s toolbox, and blockbuster earnings
Day-traders sent the market into a tailspin after an epic short-squeeze of GameStop and other stock.....»»
JPMorgan Chase to launch digital consumer bank in U.K.
JPMorgan Chase & Co. said Wednesday it is launching a digital consumer bank in the U.K. in the coming months, offering services via a mobile app. The bank will be headquartered in London with a cont.....»»
ViacomCBS sets launch date for Paramount+
The New York-based media and entertainment conglomerate said it will provide a "comprehensive overview" of its streaming strategy on Feb. 24......»»
Bank of America sets $2.9 billion stock buyback program through March, to pay regular dividend
Shares of Bank of America Corp. gained 1.2% in premarket trading Tuesday, after the bank said it authorized the repurchase of $2.9 billion worth of common shares through March 31. .....»»
: Top health official warns ‘worst weeks of the pandemic’ ahead for England, as Johnson is said to be considering stricter lockdown
Prime Minister Boris Johnson is said to be looking at a further tightening of the current lockdown, and more police enforcement of the rules......»»
Former Bank of America CEO Hugh McColl, other Charlotte leaders launch investment firm for minority-owned businesses
Some of Charlotte's most prominent business leaders have formed an investment firm focused on Black- and Hispanic-owned companies......»»
: Former Bank of England Governor Mervyn King sees risk of another global financial crisis
Another financial crisis, this time sparked by rising corporate and sovereign debt, is a risk, said former Bank of England Governor Mervyn King......»»
: Bank of England keeps rate and asset-buying unchanged, saying outlook is ‘unusually uncertain’
The .....»»
Bank of England holds interest rates, bond-buying program steady
The Bank of England unanimously decided to keep interest rates and its bond-buying program unchanged on Thursday as Brexit trade deal negoti.....»»