Bank strike to proceed

The militant bank employees union ETYK has decided to ignore calls for restraint and is pressing ahead with a damaging strike action today from 12.30 noon until 2.30pm at all banks in

Euro area expansion stays robust

The euro area started 2007 on a healthy footing, finds the Quarterly Report on the Euro Area published today. Economic growth in the first quarter reached 3% in annualised terms spurred by

Portfolio returns based on alma mater

A new study circulating through U.S. hedge funds and university campuses points to the powerful role that old-school ties play in the world of investing. Mutual fund managers invest more money in

Make way for the ‘Financial Engineers’

Wall Street is looking beyond business schools for its new masters of the universe. In the high-speed, high-stakes world of algorithmic trading, math geeks rule, and universities are churning out scores of