Company News



MP likens Bank of England to ‘unreliable boyfriend’

The Bank of England has acted like an “unreliable boyfriend” in hints over interest rate rises, according to MP Pat McFadden. . .

http://www.bbc.co.uk/news/business-27994179#



BlackRock says CS guilty plea has no impact on relationship -paper

BlackRock Inc. said Credit Suisse’s guilty plea in a U.S. tax evasion case does not affect its business relationship with the Swiss bank, the chief executive of the world’s biggest asset manager told a Swiss newspaper. . .

http://uk.reuters.com/article/2014/06/14/credit-suisse-blackrock-idUKL5N0OV08H20140614?rpc=401&feedType=RSS&feedName=swissMktRpt&rpc=401



European banks to get new guidelines on bonus cap and ‘allowances’

Banks across the EU have been put on notice that regulators are preparing fresh guidelines to ensure they do not breach a cap on bonuses.

http://www.theguardian.com/business/2014/jun/13/european-banks-new-guidelines-bonus-cap-allowances



BNP Keeps Investors Guessing About U.S. Sanctions Penalty

BNP Paribas SA (BNP) has given investors scant information about how much it expects to pay to settle a criminal probe of U.S. sanctions violations. . .

http://www.bloomberg.com/news/2014-06-16/bnp-keeps-investors-guessing-about-u-s-sanctions-penalty.html



Argentina dealt double blow over bondholder fight

The US Supreme Court has delivered a double blow to Argentina over its long-running battle with holders of the country’s defaulted bonds. . .

http://www.bbc.co.uk/news/business-27871055#