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Bank of Israel buying ‘hundreds of millions’ of dollars: sources
July 4, 2016 by publisher · Leave a Comment
The Bank of Israel bought “hundreds of millions” of dollars of foreign currency on Monday, dealers said, after the shekel continued to strengthen for a fifth straight session. Its move came after financial newspaper TheMarker reported that the bank's intervention policy had come under fire by Prime Minister Benjamin Netanyahu's chief economics advisor, Avi Simhon, who was quoted as saying that intervention was tantamount to a protective tariff that raises prices for consumers by deterring import competition. The Bank of Israel has been …
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Bank of Israel buying ‘hundreds of millions’ of dollars: sources
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Global investment banks have slowest first half since 2012
July 4, 2016 by creative · Leave a Comment
By Anjuli Davies LONDON (Reuters) – Global investment banking fees fell by nearly a quarter in the first half of 2016 from a year earlier as market volatility hit capital markets and M&A deal making, Thomson Reuters data published on Monday showed. Global fees for services ranging from merger and acquisitions advisory services to…
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Global investment banks have slowest first half since 2012