Risk-avoidant Royal Bank of Scotland moves to London

Source: Bloomberg
If Scotland votes for its independence, the Royal Bank of Scotland has confirmed that it plans to relocate its headquarters to London. However, the plan excludes moving operations or jobs. The bank regards this as a more technical and legal necessity. Its seems that the bank is safe-guarding itself from negative fallout as the vote will most likely shake up the bank's rating and potentially cause risk. After the statement RBS shares gained 1.4%.
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Thu, 11 Sep 2014 10:48:03 GMT

Demand growth for oil lowest in two and a half years

The International Energy Agency reported that the growth in demand in the oil markets has toned down. This has lead to the agency tor reduce its predictions for the remainder of this year. The IEA stated that demand decreased to the level sub-500,000 barrel per day. In addition, the projection for the global demand growth has fallen to 900,000 million

Thu, 11 Sep 2014 10:26:04 GMT

Fed meeting may pave a new path for its policy

The Federal Reserve is gearing up for its most important meeting of the year in the following week to debate the issue of the interest rate guidance and the easing of the monetary policy. The exact decisions remain in the shadows; however; there is unease over the further duration of the near-zero interest rate. The rally of the U.S. economy point towards

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