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  • The City Bankers' Brothel: Shocking New Memoir Exposes Real-World Story Of A £1M-a-year ‘Sex Den’

    Date 19/03/2015

    While UK bankers have a less-than-sterling reputation, only those in the industry really know the extent to which they let loose. Not surprisingly, sex has always been high on the list and – in a compelling new novel by Sorient Sigba – readers are invited behind the walls of what could be the UK’s most unique and unbelievable brothel.

  • Drag And Drop - Speech By Andrew Haldane, Andrew G Haldane, Chief Economist Bank Of England, BizClub Lunch, Rutland, 19 March 2015

    Date 19/03/2015

    In March 2009 the Bank of England cut official UK interest rates to 0.5%, their lowest-ever level. Financial markets did not expect this low level of interest rates to persist, with the first rise expected nine months later in December 2009. Yet six years on, official UK interest rates remain at 0.5%. The first rise in UK interest rates is still expected around a year hence (Chart 1). Like a bad flight, the take-off time for interest rates has been repeatedly put back.

  • Bahrain Stock Exchange Visit To EGX

    Date 19/03/2015

    A delegation of Bahrain Stock Exchange chaired by Sheikh Khalifa Al-Khalifa, executive chairman, in presence of Mr. Ibrahim Al-Aradi, trading and members’ affairs director and Mr. Aly Al Mansour, international relations’ director of Bahrain Stock Exchange, visited the Egyptian Exchange (EGX) today. During the meeting that was held between the Bahraini delegation and EGX Chairman, Dr. Mohammad Omran in presence of EGX executives, both sides discussed the ways of cooperation and the available mechanisms to link the 2 exchanges by the linking mechanism FIX HUB, also to highlight EGX experience in the deals market for non-listed companies as well as Bahrain Exchange experience in developing an active market for the governmental bonds.

  • Board Of Governors Of The Federal Reserve System: Testimony By Governor Tarullo On The Application Of Enhanced Prudential Standards To Bank Holding Companies Before The Committee On Banking, Housing, And Urban Affairs, U.S. Senate, Washington, D.C.

    Date 19/03/2015

    Chairman Shelby, Ranking Member Brown, and other members of the committee, I appreciate the opportunity to testify on the threshold in section 165 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) for application of enhanced prudential standards to bank holding companies. In my testimony this morning I will try to provide, from a regulator's perspective, some context for the committee's consideration of this subject by explaining how the Federal Reserve has differentially implemented prudential regulations based on the size, scope, and range of activities of banking organizations, as well as how we have organized our supervisory portfolios. In both our supervisory and regulatory practices, we are pursuing a tiered approach to prudential oversight.

  • Moscow Exchange: On Anticipated Changes In The NCC Clearing List: SU29006RMFS2 Inclusion

    Date 19/03/2015

    OFZ 29006 (ticker SU29006RMFS2, ISIN RU000A0JV4L2) will be included in the Clearing List starting from March, 20  2015.