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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 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 Stephen Kirkland, Lu Wang and Sarah Pringle, Bloomberg |
March 21, 2013
U.S. and European stocks slid, the euro weakened and commodities declined after data showed an unexpected contraction in German manufacturing and Cyprus’s president worked on a new plan to obtain a European bailout.
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By Sarah Pringle and Lu Wang, Bloomberg |
March 21, 2013
U.S. stock futures fell, after the Standard & Poor’s 500 Index approached a record high yesterday, as German manufacturing unexpectedly contracted and Cyprus’s president worked on a new plan to obtain a European bailout.
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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 Stephen Kirkland, Sarah Pringle and Lu Wang, Bloomberg |
March 19, 2013
Most U.S. stocks fell for a third day, the longest slump of the year for the Standard & Poor’s 500 Index, as Cyprus rejected a bank-deposit levy needed to secure European bailout funds.
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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 Press Release |
March 18, 2013
Initial cleared contracts to include seven currencies with maturities of up to 50 years.
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By Lu Wang and Sarah Pringle, Bloomberg |
March 18, 2013
U.S. stocks fell, after the Dow Jones Industrial Average reached record highs last week, as a levy imposed by euro-area leaders on Cypriot bank deposits sparked concern the region’s debt crisis is intensifying.
