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Watchdog for the world’s soundest lenders admits that part of her strategy is to assume that Nouriel Roubini is always right.
Libor inquiry reveals rates set largely by guesswork
As Libor comes increasingly under scrutiny, the rate setting process is being questioned by both regulators and the banks themselves.
Also, some of the banks involved may be pursuing a group settlement.
Yahoo ups the ante on Mayer’s background
A comparison of offer letters.
Frank Stronach pulls back on reins of racehorse IPO
The auto parts giant Magna International Inc. founder and horse-lover has temporarily shelved a plan to sell to public investors shares in six companies that would each own 20 racehorses.
Teachers’ set to acquire U.K. sporting property
The Ontario Teachers’ Pension Plan looks to be in good position to buy Goals Soccer Centres plc for $115-million.
Canadians souring on mutual funds
Retail investors are slowly turning away from mutual funds, particularly equity and balanced funds.