Showing results for "Seven Bank"
markets
BOE to Cut Rates by End of Year, Investec SaysInvestec economist Ellie Henderson discusses the outlook for BOE monetary policy following today's stronger-than-expected UK inflation print. "We think that the Bank of England will take a gradual approach to easing, bit by bit, and see how the economy fares," Henderson says on Bloomberg Television. The Consumer Prices Index rose 2.3% from a year ago in April, down from 3.2% the previous month, the Office for National Statistics said Wednesday. (Source: Bloomberg)May 22, 2024
business
UK Inflation Falls Less Than ExpectedUK inflation cooled less than expected last month, fueling doubt about when the Bank of England can start cutting interest rates. The Consumer Prices Index rose 2.3% from a year ago in April, the Office for National Statistics said Wednesday. Bloomberg’s Lizzy Burden reports.May 22, 2024
markets
BC Partners-Backed Springer Nature Adds Banks for German IPOSpringer Nature, the private equity-backed academic publisher, has added a raft of banks for a renewed listing attempt that could give it a market value of as much as €7 billion ($7.6 billion), according to people familiar with the matter.May 22, 2024
industries
Japan’s Bank for Farmers and Fishermen Returns to Spotlight for Overseas LossesNorinchukin, Japan’s premier agricultural bank and one of the nation’s largest institutional investors, plans to raise 1.2 trillion yen ($7.7 billion) of capital and reshuffle its overseas investment portfolio after losses on its bond holdings swelled.May 22, 2024