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Bank of England
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Summary
location iconLondon, United Kingdom
company sizeCompany size: 1001-5000

The Bank of England is the central bank of the United Kingdom based on London and founded in 1694. The Bank of England provides financial market infrastructure oversight, issues bank notes, provides services as the settlement agent for financial institutions, regulates and supervises financial services firms, ensures that banks and other firms that offer financial services operate in good order, implements monetary policy, maintains financial stability, and keep inflation low and stable, and other services.

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Bank of England - Recent News & Articles

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Aug 30, 2023
The Bank of England is facing major losses on its bond purchases — and it’s set to get much worse

The Bank of England’s losses on bonds bought to shore up the U.K. economy will be “materially higher than projected,” according to Deutsche Bank. In l...

Source: CNBC
Apr 27, 2024
Fed courts nonbanks for FedNow growth

The Federal Reserve is stressing the importance of fintechs and core providers for the future expansion of its new instant payments system FedNow. The...

Apr 12, 2024
How FedNow is Shaping Payments Since its Groundbreaking Launch

In the six months following its groundbreaking launch in July 2023, FedNow has emerged as a transformative force in real-time payments, marking a sign...

Source: Finextra
Feb 16, 2024
Hindenburg’s latest short target Temenos rejects allegations as share price tumbles

Temenos shares were down over 6% on Friday after closing over 28% lower on Thursday. The Swiss software company said its board of directors “fundament...

Source: CNBC
Jan 23, 2024
Brex axes 20% of staff

Corporate spend management giant Brex has laid off 282 people (20% of its workforce) and revealed that its COO and CTO are leaving their roles.In a me...

Source: Finextra
Dec 14, 2023
ECB’s Lagarde, Bank of England’s Bailey fight back against rate-cut talk

Europe’s central bankers may be privately cursing Federal Reserve Chair Jerome Powell for the dovish press conference he delivered on Wednesday. “Who ...

Source: MarketWatch
Dec 14, 2023
Norway Central Bank Surprises With Quarter-Percentage Point Rate Hike to 4.5%

Norway's central bank surprised markets by raising its key policy rate Thursday, saying that a final hike in the current cycle was needed to ensure th...

Source: MarketWatch
Nov 12, 2023
Moody's turns negative on US credit rating, draws Washington ire

Moody's on Friday lowered its outlook on the U.S. credit rating to "negative" from "stable" citing large fiscal deficits and a decline in debt afforda...

Source: Reuters
Sep 18, 2023
FedNow Has Launched As Blockchain Innovation Delivers Next-Gen Instant Payments

The U.S. Federal Reserve launched FedNow in July, the first government real-time payment system in the U.S. The service allows banks and credit unions...

Source: Forbes
Sep 12, 2023
$7.6 trillion of publicly held U.S. government debt matures in next 12 months. What does the Treasury do next?

Close to a third of all publicly-held, outstanding U.S. government debt is set to mature in the next 12 months, raising questions about where Treasury...

Source: MarketWatch