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By Jim Brunsden, Bloomberg |
March 27, 2013
The European Parliament may ease a planned ban on fund-manager bonuses that top fixed pay if investors get to vote on the larger awards, bringing the rules closer into line with ones approved today on how much bankers can be compensated.
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By Justin Pugsley |
March 26, 2013
The U.S. dollar increasingly looks like an island of tranquility surrounded by a sea of global instability and uncertainty with the Eurozone once again in turmoil and with concerns over Asia and the Middle East.
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By Scott Rose and Marina Sysoyeva, Bloomberg |
March 25, 2013
Russian President Vladimir Putin signaled acceptance of an accord reached by Cyprus on an international bailout, a week after berating an earlier rescue plan as “unfair, unprofessional and dangerous.”
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By Kevin Crowley, Ambereen Choudhury and Jesse Westbrook , Bloomberg |
March 22, 2013
The European Parliament’s vote to cap bonuses in the asset-management industry could affect two-thirds of senior fund managers in the U.K., U.S. funds in Europe and hedge funds open to small investors.
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By Jim Brunsden, Bloomberg |
March 21, 2013
Fund managers are facing a push by European Parliament lawmakers to limit their bonuses, hours after Britain failed to water down planned EU banker-pay rules that are set to take effect from 2015.
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By John Detrixhe and Joseph Ciolli, Bloomberg |
March 20, 2013
The euro strengthened from a four- month low against the dollar as Cyprus sought alternatives to the European Union plan to help the nation avoid a banking collapse and the Federal Reserve maintained stimulus measures.
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By Jim Brunsden and Rebecca Christie, Bloomberg |
March 19, 2013
European Union lawmakers and national governments clinched a provisional deal on legislation to turn the European Central Bank into a supervisor.
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By Joseph Ciolli, Bloomberg |
March 18, 2013
The euro slid the most in 14 months against the dollar after a proposed levy on bank deposits in Cyprus threatened to worsen the European debt crisis.
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By Stephen Kirkland and Jason Clenfield, Bloomberg |
March 18, 2013
The euro weakened to its lowest level this year, while stocks and commodities slumped, as an unprecedented levy on Cyprus’s bank savings threatened to throw Europe back into crisis.
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By Jonathan Stearns, Bloomberg |
March 12, 2013
The European Union completed a framework for tougher controls on spending by euro-area governments in a German-led bid to prevent a repeat of the debt crisis that has threatened to break apart the single currency.
