Primary navigation:

QFINANCE Quick Links
QFINANCE Reference

Home > Blogs > QFINANCE Editor > QFINANCE: financial news roundup (March 21– 27, 2014)

QFINANCE: financial news roundup (March 21– 27, 2014)

Facebook LinkedIn Twitter

Each week brings you some of the biggest news stories from the past five days in finance and business – essential reading to keep you up to date with the latest topics.

If you have any views on how we can improve this service or new areas you would like to see covered, please do not hesitate to contact us at

Thursday March 27

The euro fell against the dollar and European government bond yields hit their lowest level in years, with news of potential monetary easing policies from the European Central Bank, Reuters reported.

Related article: Quantitative Easing and the Yield on the Ten Year Gilt

Ukraine is closing a deal with the International Monetary Fund (IMF) on financial assistance worth $14-18bn (£8.5-£11bn) over the next two years, the BBC reported.

Wednesday March 26

UK’s consumer price inflation has dropped to a four-year low, the Telegraph reported, pushed by much cheaper petrol and diesel prices than before.

Related article: Arctic oil: Russia rules, OK?

US legal settlements since the financial crisis will have cost Wall Street banks and their foreign rivals a total of $100 billion, the FT reported.

Tuesday March 25

Russian capital flight has “spiked dramatically” since Putin first sent troops into Crimea, the Telegraph reported. According to the article, this may reach $70bn (£42bn) over the first quarter of the year.

Related article: The tug of war over Ukraine

The UK Financial Conduct Authority has revealed that hedge funds manage $470 billion (£285 billion) with 82% of the assets controlled by just 20 large firms, the Independent reported.

Monday March 24

Internet giant Yahoo has moved its tax base to Ireland, as part of a major restructuring which could cost governments across Europe millions, This Is Money reported.

Related article: The Curse Of The Treasure Islands: How Tax Havens Are Sinking Europe’s Economy

Visa and MasterCard have restarted processing payment transactions for customers of a Russian bank linked to oligarchs blacklisted by the US government, the FT reported.

Friday March 21

Rating agency Fitch says Britain's public sector net debt needs to fall before the country can regain its top-notch triple-A rating, the Telegraph reported.

Related article: How to Use Credit Rating Agencies

Event of the week

The CFO Event is held globally and features over 100 Finance leaders in each region who lead roundtables, panel discussions and workshops, thereby creating a dynamic mix of thought leadership, and best practice strategies. Focusing on Key Challenges in Change Management, Finance Transformation, forecasting and planning, M&A and the Eurocrisis, we aim to share knowledge with an advanced workshop program led by the industry’s leading professionals. Date: 7th-8th May Venue: Whittlebury Hall, Silverstone, Northamptonshire.

Come back next week for another report on the world of business and finance.

Facebook LinkedIn Twitter

Tags: banking , China , European Central Bank , European Monetary Union , eurozone , financial crisis , fiscal stimulus , IMF , regulation , UK
  • Bookmark and Share
  • Mail to a friend


or register to post your comments.

Back to QFINANCE Blogs

Share this page

  • Facebook
  • Twitter
  • LinkedIn
  • RSS
  • Bookmark and Share

Blog Contributors