In This Issue:
- Domestic Banking
- Domestic General
- European Banking
- European General
- International Banking
- International General
- Press Releases
- Case Law
- Excerpt from DOMESTIC BANKING:
BANK OF ENGLAND:
1. Interest rates have been left at 0.5 per cent amidst indications that Britain's manufacturing sector is improving and the economy growing. Times, 10 May 2013
2. Mark Carney, the new governor-designate of the Bank of England, has said in a speech that he advocates "forward guidance" in relation to monetary policy and that borrowing rates will continue to be held at very low levels until the economy recovers.
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Topics: Balance Sheets, Bank of America, Bank of England, Barclays, Deutsche Bank, EU, European Central Bank, HSBC, JPMorgan Chase, Jurisdiction, Libor, Lloyds Banking Group, People's Bank of China, Royal Bank of Scotland, Standard Chartered Bank
Published In: Finance & Banking Updates, International Trade Updates
DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.
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