Want euros in London? Don’t ask your bank
LONDON (Reuters) - From a small, white-washed basement close to London's Liverpool Street station, Sakthi Ariaratnam is beating banks at what you would have thought was their own game -...
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Lloyds’ FX chief leaves bank: market sources
LONDON (Reuters) - Lloyds Bank's global head of foreign exchange spot trading has left the bank, citing personal reasons unrelated to the global investigation into currency market manipulation, sources with...
Swiss, UK watchdogs step up scrutiny on forex traders
ZURICH/LONDON (Reuters) - Swiss and British regulators stepped up their scrutiny of alleged manipulation of foreign exchange markets on Monday, as watchdogs take a closer look at whether banks have...
ECB’s Weidmann says euro zone not in deflationary cycle
BERLIN (Reuters) - The euro zone is not in a deflationary cycle and the European Central Bank (ECB) should not overreact to a slowdown in inflation caused largely by cyclical...
Troubled FX industry set to defend ‘self regulation’
LONDON (Reuters) - A bruised foreign exchange industry regroups in Berlin this week after months of revelations on alleged collusion and market manipulation that threaten the "self regulation" model it...
Banks struggle to fill staff gaps in FX rigging row
LONDON (Reuters) - A void is appearing in the upper reaches of the world's biggest and most powerful financial market as banks struggle to replace currency traders suspended or fired...
Poles ready to shrug off shortest of European downturns
WARSAW (Reuters) - Only months after a stagnant winter marked the end of one of Europe's few recent economic success stories, financial experts are increasingly convinced Poland is mounting a...
Olympiakos storm past Madrid to retain Euroleague title
LONDON (Reuters) - Olympiakos Piraeus defeated Real Madrid 100-88 with a dominant second half display on Sunday to win Europe's premier basketball trophy for the second year running. Inspired by...
Euroleague harbours three-year plan for UK expansion
LONDON (Reuters) - Europe's top basketball competition hopes to expand to include a British team within as little as three years, officials said after the first night of Euroleague's final...
Benefits time bomb ticking for UK Conservatives
LONDON (Reuters) - The last thing a British Conservative government wants in an election year is a rise in taxes for the middle class, yet that appears to be what...