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AutoNation CEO appointed to Atlanta's Federal Reserve Bank Board of Directors
2014-11-22 10:55:38| Auto Dealers - Topix.net
Mike Jackson , CEO of Fort Lauderdale-based AutoNation , was appointed as the deputy chair of the Federal Reserve Bank of Atlanta's board of directors this week. As part of the board of directors, Jackson will contribute to the creation of U.S. monetary policy by sharing economic issues in the Southeast with the Federal Reserve, in addition to overseeing the management of the bank's operations and recommending changes in the discount rate.
Tags: board
bank
federal
directors
Canadian dollar advances amid surprise increase in inflation, central bank moves
2014-11-21 16:17:00| IT Services - Topix.net
The loonie was up 0.59 of a cent to 89.04 cents US after Statistics Canada said inflation rose by 0.1 per cent from September. Economists had been looking for a drop after a 0.2 per cent rise in September.
Tags: central
increase
bank
dollar
Iceland jails former bank boss
2014-11-19 17:47:10| BBC News | Business | UK Edition
Former Landsbanki boss Sigurjon Arnason is sentenced to 12 months in prison for market manipulation, becoming the third Icelandic bank boss to be sent to jail.
Bank voted 7-2 to keep rates on hold
2014-11-19 11:54:06| BBC News | Business | UK Edition
Persistently low inflation prompted the majority of members on the Bank of England's Monetary Policy Committee to keep interest rates on hold at its latest meeting.
ANZ bank suspends seven traders
2014-11-19 08:21:13| BBC News | Business | UK Edition
ANZ, one of Australia's biggest banks, has suspended seven traders as part of an inquiry into potential interest-rate rigging.
Tags: bank
traders
anz
suspends
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