Something interesting is happening in global capital markets, and Nigeria is firmly in the middle of it. From London to Hong ...
So it is coming down to this: a capital buffer or -- hold on to your portfolio P&L -- a floating net asset value. Those are the two options that chairman Mary Schapiro said Monday that the Securities ...
To Securities and Exchange Commission chairman Mary L. Schapiro's mind, the current state of the money market fund business is "living on borrowed time." Meaning: Change is coming soon. Because it is ...
A stock's float shows how many free-trading shares of a publicly-traded company exist. Float can be either a precise number of shares or a percentage of its total shares outstanding. Stock float, or ...
NEW YORK, Jan 12 (Reuters) - Money market fund share prices should float and abandon a $1 per share peg as it encourages risk-taking, Richmond Federal Reserve President Jeffrey Lacker said. In a ...
Back in the late 1970s, realistically the last time the world’s major monetary authorities engaged in economy-sapping “competitive” currency devaluations in unison, Switzerland was, like it is now, ...
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