Willis Wanted to Discuss Bank Capital Before Orr Resigned from RBNZ

Finance Minister’s Meeting with Reserve Bank Governor Precedes Resignation New Zealand’s Finance Minister, Nicola Willis, requested a meeting with former Reserve Bank Governor Adrian Orr to discuss the bank’s capital requirements just weeks before his unexpected resignation. A document made public on Wednesday in Wellington revealed that Willis was also looking for guidance on how […]

Bank customer fatally stabbed inside Lloyds Bank branch in Derby

A bank customer was fatally attacked at a branch in Derby city center, according to Derbyshire police. The incident occurred around 2:35 PM on Tuesday at the Lloyd’s Bank located on St. Peter Street. Tragically, the man, who was in his 30s, was pronounced dead at the scene. Police have initiated a murder investigation, noting […]

GBP/USD stabilizes before central bank events – FXStreet

GBP/USD hovers around 1.3300 as Fed and BOE prepare to make announcements. Fed likely to maintain current interest rates while policymakers’ discussions take center stage. BOE anticipated to introduce another quarter-point rate reduction this week. GBP/USD began the new trading week, breaking a short-term losing streak and stabilizing near the 1.3300 mark. While the pair […]

Hong Kong’s central bank steps in to support the Hong Kong dollar – Forexlive

Hong Kong Central Bank Intervention HKMA is selling HK$60.543 billion to the market as the Hong Kong dollar hits the strong end of its trading range. Since 1983, the Hong Kong dollar (HKD) has been pegged to the US dollar under a linked exchange rate system designed to maintain exchange rate stability and foster investor […]

“It’s quite concerning”: Senior Bank of England official addresses the shortage of female economics students | Bank of England

Claire Lombardelli on Economics and Its Image Issues Claire Lombardelli, the lieutenant governor of the Bank of England, highlights a significant perception problem surrounding economics. It tends to be dominated by men from affluent backgrounds, and there are insufficient numbers of students, particularly women, studying it at the undergraduate level. “It’s pretty bad in every […]