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January 2012

Regulation EDHEC-Risk Institute draws the French Government’s attention to the inadvisability of imposing a Tobin tax in France

In an open letter dated January 10, 2012 addressed to the French Prime Minister, EDHEC-Risk Institute has underlined the difficulties and risks associated with implementing a tax on financial transactions in France…

January 2012

People Moves Mr Benoît Cœuré will be responsible for Market Operations at ECB

The Executive Board of the European Central Bank (ECB) agreed today, within the framework of its collective responsibility, on the following distribution of responsibilities among its members, with immediate effect unless otherwise (...)

January 2012

People Moves RBS could cut up to 18900 jobs

The bank executives are said to consider a 50% reduction in the Investment Banking ...

January 2012

News Nomura to Invest in Private Equity Fund in China

Nomura will participate as a limited partner in the fund which is managed by Jiu You Equity Investment Management LLP, a fund management firm that invests in the high tech and biopharmaceutical industries...

January 2012

Note The Yuan - will it soon become a reserve currency ?

Whilst several experts estimate the that it will still be about ten years before the status of the yuan changes to that of a reserve currency, the exchange agreement between Japan and China which replaces the dollar with the yen or the yuan, for bilateral trade, could (...)

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