The holidays are almost over. Children are getting ready for school and, public transport is getting crowded again, and most of us are preparing to get our heads back down to work for the four-month slog up to the Christmas and New Year holidays.
The head of Russian financial group VTB’s London-based markets operations has left less than a year-and-a-half after being given responsibility for building the bank’s investment banking operation outside of Russia.
The Federal Reserve Bank of New York will today hold its first auction of options on Treasury securities, a type of derivative contract, in a new move aimed at easing a liquidity squeeze for banks that is expected around the end of the third quarter on September 30.