GE looks to move in on UK bank sector

first_imgSunday 15 August 2010 10:34 pm Show Comments ▼ Tags: NULL KCS-content whatsapp US CONGLOMERATE General Electric (GE) is planning to launch an internet bank in the UK.The financial arm of the firm, GE Capital, has already set up an internet bank in Germany, titled GE Direkt, and is hoping to join the ranks of the newcomers on the UK banking scene within 18 months.US-backed Metro Bank opened its first branch in the UK last month and Lloyd’s of London chairman Lord Levene and City grandee Sir David Walker are to front another new High Street venture.But GE’s plans, tentatively dubbed GE Direct, will be the first online bank launched in the UK since the financial crisis.The Financial Services Authority (FSA) tightened the rules regulating internet banks two years ago, following the collapse of Icelandic internet banks such as Icesave, which had 300,000 customers in the UK with deposits of over £4bn. The incident led to a diplomatic crisis between Britain, Holland and Iceland over attempts to reclaim deposited funds.GE is thought to be looking at the possibility of rolling out similar operations across Europe as GE Capital looks to diversify its funding base.The firm specialises in factoring, paying companies up front for contracts that will pay out over time, such as a recent deal which will see Jaguar Land Rover receive £170m through this structure. GE Capital utilised the AAA credit rating of its parent company to borrow money at very low interest rates, but the financial crisis saw GE’s credit rating slip and factoring became a more expensive method of revenue for the division.GE was unavailable for comment last night. Share Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayot GE looks to move in on UK bank sector whatsapplast_img read more

Songbird

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailWork from Home | Search AdWork From Home for a USA company Might Be More Fun Than You ThinkWork from Home | Search AdGardensTricks.comThis House Looks Small But Look Inside!GardensTricks.comalldelishHere is what happens to your body when you start eating 2 eggs every dayalldelishCrafthoughtShe Was A Legendary Actress – Today She Works 9 To 5CrafthoughtFameleyAt 56, Marjorie Elaine Harvey Lives HereFameley whatsapp whatsapp KCS-content More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.com Show Comments ▼ Songbird center_img Thursday 23 September 2010 7:50 pm Tags: NULL Share IN THE depths of the economic crisis – which hit the property sector more than most – many thought the Walkie Talkie would never be built. News that Land Securities and Songbird are pressing ahead with plans to resurrect it, like a phoenix from the ashes, show just how much things have improved. Songbird’s results suggest its optimism is not without basis. Its adjusted net asset value (NAV) of 178p missed analyst expectations of around 185p, but elsewhere things look good.?The value of its portfolio rose 4.3 per cent in the first half, while occupancy stands at an impressive 96.4 per cent. Its open offer to raise £140m, getting its creditors off its back, was well received. Its shares might trade at an 11 per cent discount to NAV – a smaller discount than many rivals – but its focus on London and list of institutional tenants mean this stock will continue to outperform. last_img read more

British jobs market still deteriorating

first_imgWednesday 13 October 2010 8:03 pm British jobs market still deteriorating by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryNoteabley25 Funny Notes Written By StrangersNoteableyTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan Times Share More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.com KCS-content center_img FURTHER signs of a deteriorating jobs market emerged yesterday, intensifying fears of a second wave of rising unemployment as a leading report showed that the private sector could lose 500,000 jobs as a result of government cuts. Official data showed that the number of people claiming Job Seeker’s Allowance last month rose by 5,300 to 1.47m and August’s increase was revised up to 3,800. Although the broader ILO measure revealed unemployment continuing to fall in the three months to August, it was the smallest quarterly drop since January and was driven by fewer unemployed 16 and 17-year-olds.While the August decrease saw the jobless rate edge down to 7.7 per cent, many City economists forecast that the rate could head back up to more than eight per cent over the next year as public sector cuts begin to really bite. The Office for Budgetary Responsibility (OBR) has estimated that 600,000 public sector jobs could be lost as a result of government cuts.Economists think it unlikely that the private sector will be able to offset rising public sector unemployment. “These increases in unemployment come before any of the planned public spending cuts have been implemented. Business survey data continues to suggest that the private sector is wary of hiring in the current climate of uncertainty,” said Andrew Goodwin at the Ernst & Young Item Club.A report yesterday from PricewaterhouseCoopers (PwC) said that austerity measures could also hurt the private sector, as firms supplying the government will cut jobs and output. The report said the private sector could lose almost half a million jobs and £46bn in annual gross output by 2014-2015 as efforts to slash a budget deficit hit the supply chain. whatsapp whatsapp Tags: NULL Show Comments ▼last_img read more

Buyers require £100,000 salary to land a home in the capital

first_img PROSPECTIVE homeowners require a salary of almost £100,000 to buy the average priced home in London, a survey by the National Housing Federation finds.Even if buyers opt for one of the cheapest 25 per cent of properties, they would still need to earn more than £50,000, almost double the average income in the capital.Belinda Porich, head of the Federation’s London region, said: “The report shows that buying a house is not a realistic prospect for the vast majority of Londoners.” She added: “This is especially bad news for London’s ordinary hardworking families. Many of them are already fearful of having to leave their homes next year due to the government’s planned housing benefit caps and cuts.” Tags: NULL Show Comments ▼ KCS-content More From Our Partners Porsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgColin Kaepernick to publish book on abolishing the policethegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKansas coach fired for using N-word toward Black playerthegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comKiller drone ‘hunted down a human target’ without being told tonypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comFort Bragg soldier accused of killing another servicewoman over exthegrio.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comMark Eaton, former NBA All-Star, dead at 64nypost.com Sharecenter_img whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity Timesmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCutethedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comReporter CenterBrenda Lee: What Is She Doing Now At 76 Years of Age?Reporter CenterBlood Pressure Solution4 Worst Blood Pressure MedsBlood Pressure Solution Buyers require £100,000 salary to land a home in the capital whatsapp Monday 8 November 2010 9:04 pmlast_img read more

Businesses withdraw savings

first_imgSunday 14 November 2010 10:13 pm One in three businesses with an annual turnover of £1m or more have withdrawn £2.43bn from their savings to help pay the higher interest rates on their debt, according to research from Investec bank. The average withdrawal made by companies who have done this was £35,270, but some 4 per cent of businesses of this size have taken out £100,000 or more from their deposit accounts to help meet debt payments. Jack Jones of Investec said: “Many companies are receiving paltry returns on their savings, and some have clearly decided to use the money in their deposit accounts to pay the more expensive interest they owe on their debts.” Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap whatsapp KCS-content Share Show Comments ▼ whatsapp Businesses withdraw savings Tags: NULLlast_img read more

Water groups to post slower flow of profits

first_img WATER companies Severn Trent and Pennon Group are tipped to report a slower flow of profits due to higher costs and pricing pressure when they report half-year numbers this week.Deutsche Bank expects Midlands water and sewage group Severn to post pre-tax profit tomorrow of about £159m against £188m last time, while others predict about £153.9m.“We expect to see lower numbers, with prices rebased downwards by one per cent from the beginning of April,” Deutsche said.Severn is also tipped to update shareholders on its dividend at the results, with other firms in the sector having already unveiled their policies for the five-year regulatory period.It is forecast to say its dividend will grow by Retail Price Index (RPI) inflation plus three per cent in the four years to 2015.Severn provides water and sewage services to more than 8m people in an area stretching from the Bristol Channel to the Humber, and from mid-Wales to the East Midlands.Pennon, which owns South West Water and waste contractor Viridor, is expected on Thursday to post half-year pre-tax profits of £78m versus £97m last time and an eight per cent dividend rise to 7.5p. Share Monday 22 November 2010 6:14 am whatsapp More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoMoneyPailShe Was Famous, Now She Works In {State}MoneyPailUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldUndoMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesUndoWanderoamIdentical Twins Marry Identical Twins – But Then The Doctor Says, “STOP”WanderoamUndoElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldUndoHealthyGem”My 600-lb Life” Star Dropped 420 Pounds, See Her NowHealthyGemUndo KCS-content center_img Water groups to post slower flow of profits whatsapp Show Comments ▼ Tags: NULLlast_img read more

BBC to launch commercial version of iPlayer on iPad

first_img Share BBC to launch commercial version of iPlayer on iPad Show Comments ▼ Wednesday 1 December 2010 7:17 pm by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople Todaymoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmReporter CenterBrenda Lee: What Is She Doing Now At 76 Years of Age?Reporter Center whatsappcenter_img whatsapp Tags: NULL KCS-content Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family Proof THE BBC yesterday announced it will launch a global commercial version of its iPlayer TV-on-demand platform through a subscription service on the iPad.A BBC spokesman told City A.M. the iPad app will launch in the second quarter of 2011. It is expected to be followed by a full online roll out which will offer some free content supplemented by advertising.in the second quarter next year.Meanwhile, Virgin Media yesterday announced details of its new TiVo-powered internet TV service.The roll out will begin later this month. The package will cost £199 plus a monthly subscription fee.TiVo, which has been available in the US for several years, includes a recommendation feature which will predict shows a user may enjoy based on their viewing habits and personal ratings. last_img read more

US wholesalers report sales jump

first_img US wholesalers report sales jump Tuesday 11 January 2011 10:47 am whatsapp alison.lock Tags: NULL whatsappcenter_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’Definition Show Comments ▼ Share More From Our Partners Florida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.com US wholesalers saw their sales rise well ahead of expectations in November while inventories fell for the first time in more than a year, a government report has shown.The news is an unexpected boost to perceptions of the US recovery, offering a fresh sign of strengthening demand throughout the holiday shopping season.The Commerce Department said wholesale inventories fell 0.2 per cent to a seasonally adjusted $425.5bn (£274bn) after an October increase that was revised downward slightly to 1.7 per cent. Wholesale sales rose 1.9 per cent to a seasonally adjusted $370.1bn, well ahead of forecasts for a 1.5 per cent increase and the highest level since September 2008, when the financial crisis froze up credit markets.October wholesale sales were revised upward to a 2.6 per cent gain.The stronger than expected sales and the surprise dip in inventories implied that demand during the holiday shopping season may have been greater than retailers had anticipated. Producers may need to boost output to keep inventories at desired levels at a time when demand is strengthening, which should help support future economic growth.The inventory-to-sales ratio, which measures how long it would take to deplete stocks at the current sales pace, also fell in November to 1.15 months, from a downwardly revised 1.17 months in October.The fall in inventories was led by a 0.9 per cent drop in stocks of non-durable goods, including drugs, groceries and farm products. Inventories of computer products fell 1.8 per cent.Wholesale sales of computer products rose by 2.5 per cent, while sales of other electrical products were up 3.2 percent and hardware sales were up 5.5 per cent. last_img read more

Amer Sports results disappoint

first_img whatsapp More From Our Partners Fort Bragg soldier accused of killing another servicewoman over exthegrio.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgColin Kaepernick to publish book on abolishing the policethegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org Share Thursday 3 February 2011 7:23 pm Show Comments ▼ KCS-content center_img Finnish sporting goods group Amer Sports reported fourth-quarter profit slightly below forecasts yesterday and said pressure on margins would continue.“Gross margin remains a challenge in light of labour and raw material cost increases but we have mitigation plans in place,” the company said. The owner of the Wilson and Atomic brands posted underlying operating profit up 26 per cent to €56.0m (£47.3m) from €44.4m a year ago. Net sales rose 21 per cent to €583m, topping forecasts for €552m. Tags: NULL Amer Sports results disappoint whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastBlood Pressure Solution4 Worst Blood Pressure MedsBlood Pressure SolutionLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsBrake For ItThe Most Worthless Cars Ever MadeBrake For ItSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesOne-N-Done | 7-Minute Workout7 Minutes a Day To a Flat Stomach By Using This 1 Easy ExerciseOne-N-Done | 7-Minute WorkoutBetterBe20 Stunning Female AthletesBetterBeBlood Pressure For LifeWhy Doctors May No Longer Prescribe Blood Pressure MedsBlood Pressure For Lifelast_img read more

Weber to quit bank role

first_img Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldUndoBetterBe20 Stunning Female AthletesBetterBeUndoWanderoamIdentical Twins Marry Identical Twins – But Then The Doctor Says, “STOP”WanderoamUndo Tags: NULL KCS-content Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’Sportsnaut whatsapp Show Comments ▼ BUNDESBANK sources yesterday confirmed that governor Axel Weber told a private gathering that he will not seek another term in the same role.However, his candidacy for governorship of the European Central Bank (ECB) remains in question, despite speculation he could also abandon his bid for the position. He was widely seen as the lead contender for the job before yesterday’s news.A banking source said that Weber was “on the campaign trail” for the ECB presidency at the World Economic Forum two weeks ago. As City A.M. revealed last week, he used a private gathering at Davos to put forwards proposals for the creation of a public derivatives clearing house run by the ECB, seen by some as an effective campaign pledge.The next ECB governor will be chosen by Eurozone ministers by October, when current president Jean-Claude Trichet is due to step down. center_img Wednesday 9 February 2011 8:44 pm Share Weber to quit bank role whatsapp last_img read more