Newswire


From September 2010 the OMFIF Newswire was integrated into the bi weekly OMFIF Commentary and complimented in late December 2010 by the OMFIF blog.


Issue No: 32 - 22 September 2010 Issue Select:

Revolving door still open between Washington and Wall Street

For all the rhetoric against Wall Street emanating from Washington, the door remains open for bankers to take top government posts.

China takes more baby steps toward currency convertibility

China continued to set the traces for further convertibility of its currency by reportedly selling renminbi-denominated bonds to central banks in Malaysia and other Asian countries.

Libyan sovereign fund stake leads to Profumo ouster at UniCredit

A 2.6% stake in UniCredit held by Libya’s sovereign fund became the wedge used by political opponents to oust chief executive Alessandro Profumo.

Probe results won't end ‘flash crash’ debate

US regulators investigating the ‘flash crash’ that sent stock prices plunging last May have determined that no individual deliberately tried to disrupt the market.

UK city explores asset sales to Middle East sovereign funds

The UK’s second-largest city, Birmingham, has reportedly been in talks with sovereign funds in Abu Dhabi and other Middle Eastern countries about a possible sale of its airport and other city assets.

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