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Bank 'must limit house price booms'

2013-09-13 01:02:25| BBC News | Business | UK Edition

The Bank of England should use its powers to limit house price increases to 5% a year to "take the froth out" of price booms, a surveyors' group says.

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New York moves to launch 'Green Bank' for clean energy projects

2013-09-11 00:23:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: New York Governor Andrew Cuomo took a first step toward launching a $1 billion "Green Bank," asking state utility regulators to release the first $165.6 million to the bank to attract private lenders for clean energy projects, his office said on Tuesday. The initial amount of money would come from unallocated funds from surcharges in utility bills that the state already collects for energy-efficiency programs. "We will leverage public dollars to attract private sector investment into building...

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VIDEO: Bank may launch plastic banknotes

2013-09-10 18:29:21| BBC News | Business | UK Edition

The Bank of England may launch plastic banknotes by 2016.

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IMF boss calls for speedy bank union

2013-09-10 11:10:57| BBC News | Business | UK Edition

The head of the International Monetary Fund calls for a proposed European banking union to be completed quickly.

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Verizon sets pricing on $14 billion bank loan

2013-09-10 01:01:55| IT Services - Topix.net

Verizon Communications set pricing on the $14 billion bank loan backing its $130 billion acquisition of the 45 percent stake in Verizon Wireless that it does not already own from Vodafone Group Plc , sources told Thomson Reuters LPC.

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