Mar.11 — Steen Jakobsen, chief economist and chief investment officer at Saxo Bank A/S, discusses the Bank of England’s emergency rate cut and its introduction of a new scheme to ensure companies can easily and cheaply access credit. Jakobsen speaks from Copenhagen on “Bloomberg Markets: European Open.”
In This Story: Bank of England
The Bank of England is the central bank of the United Kingdom and the model on which most modern central banks have been based. Established in 1694 to act as the English Government’s banker, and still one of the bankers for the Government of the United Kingdom, it is the world’s eighth-oldest bank.
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In This Story: Copenhagen
Copenhagen, Denmark’s capital, sits on the coastal islands of Zealand and Amager. It’s linked to Malmo in southern Sweden by the Öresund Bridge. Indre By, the city’s historic center, contains Frederiksstaden, an 18th-century rococo district, home to the royal family’s Amalienborg Palace. Nearby is Christiansborg Palace and the Renaissance-era Rosenborg Castle, surrounded by gardens and home to the crown jewels.
2 Recent Items: Copenhagen
