The Week Ahead: Slow to Start, Then FOMC, GDP!

After two excruciatingly slow, sideways weeks, markets will finally get what they've ostensibly been waiting for: Wednesday's FOMC Announcement.  This one offers the full slate of festivities with the Bernanke press conference and the FOMC Member Forecasts. 

London launch for HSBC’s renminbi-denominated bond

HSBC has launched a bond issue which it claims signals a significant step forward in the internationalisation of China’s currency and in the development of London as an international centre for the renminbi (RMB).

Swan Song at Deutsche Ending on a Sour Note!

FRANKFURT— Josef Ackermann's last months as chief executive of Deutsche Bank AG DBK.XE +0.61% were supposed to be his victory lap after a decade in charge of Germany's banking powerhouse. They have proved anything but.