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By Ben Moshinsky |
May 20, 2013
The top U.K. markets regulator criticized a European Union cap on banker bonuses as the bloc’s banking watchdog prepares to expand the limits.
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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 Ben Moshinsky, Bloomberg |
January 11, 2013
As part of an effort to restore trust in the scandal-hit Euribor interest rate, regulators said the number of maturities that make up the benchmark for trillions of euros of lending should be cut from 15 to seven.
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By Sree Vidya Bhaktavatsalam, Bloomberg News |
December 4, 2012
Global banks, forced by regulators to reduce their dependence on profits from high-risk trading, have rediscovered the appeal of the mundane business of managing money for clients.
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By Anne-Sylvaine Chassany, Bloomberg |
September 20, 2012
European banks pledged last year to cut more than $1.2 trillion of assets to help them weather the sovereign-debt crisis. Since then they’ve grown only fatter.
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By Jim Brunsden |
September 15, 2012
EU lawmakers are resisting a push by the ECB to water down a planned bank liquidity rule amid concerns that it may harm economic recovery.
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By Jim Brunsden and Rebecca Christie, Bloomberg |
September 6, 2012
E.U. financial supervision proposals will call for the ECB to oversee all Euro-area banks to prevent lenders from pitting one regulator against another.
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By Steve Zwick |
August 1, 2012
Although it was built on good intentions and a willingness to overlook troubling details, those factors may be coming back to bite the European Union.
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By Kevin Crowley, Howard Mustoe and Robert Hutton, Bloomberg |
July 10, 2012
Barclays Plc Chief Executive Officer Robert Diamond was accused of misleading U.K. lawmakers after a letter from the Financial Services Authority emerged, contradicting his claim regulators were “happy” with the bank.
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By A. Gary Shilling, Bloomberg |
March 18, 2012
Banks must do more to meet new standards set by the Fed and the Basel Committee on Banking Supervision.