The New Boss Of BoE Is Finance’s Statesman

Courtsey Sid Verma of Euromoney: Carney cuts a statesman-like figure, rising above partisan affiliation, respected even by his detractors, and consistently open to dialogue, say bankers, all of whom are critical of the intellectual and operational thrust of Basel III. But, Carney seems to be having a running feud with JP  Morgan’s Jamie Dimon or,…

Expansion on The Cards For Amazon?

Citing Wall Street Journal, Business Insider reports that Amazon is seeking to raise $3 billion in debt. This is the good side of low interest rates. Perhaps, Amazon has big expansion plans. And why not? It’s paying 0.38 to 0.93 percentage points more than comparable Treasury rates in interest for the bonds, which mature in…