Go team Draghi
So we got ourselves a banking union. That is surprising for a number of reasons. First of all, the Eurogroup struck a deal. Secondly, the Eurogroup struck said deal before the deadline. Finally,...
View ArticleDell brings buyouts back; Obama fails to strike deal
It’s a very AmUrica-centric news day, so let’s start with… TWENTY-FOUR point four billion dollars. That’s what it will cost founder Michael Dell (who currently holds 14% of the firm) and Silver Lake...
View ArticleThe next thing – gold price fixing
Things to know today: The new pope is Argentinian (or Argentine if you will) and the first non-European in 1,272 years; the US continues to fail at making the budget happen; Libor, Euribor, now gold...
View ArticleA new benchmark fixing scandal!!
Yesterday… former British Prime Minister Margaret Thatcher died of a stroke at the age of 87. Despite her polarizing character, there seems to be a consensus of her importance to the role of the UK on...
View ArticleLibor 2.0 and a £10bn UK-US trade agreement
Over the weekend… we saw the first proposal for a Libor reform from Martin Wheatley of the FCA (Financial Conduct Authority and successor of the FSA), who told the FT about the Libor 2.0, which could...
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