A threat to split up Google Inc. should be a “last” option to force it to change behavior that’s driving small companies out of business, according to one of the European Union lawmakers backing tougher EU rules.
The ECB has restricted purchases of assets to covered bonds, though sovereign bonds and asset-backed securities are now on its shopping list. ECB officials accelerated covered-bond buying last week, with the total settled rising by more than 3 billion euros ($3.74 billion)
Staff at the ECB’s new overseer are preparing to monitor capital issuance by banks, and processing the results of a year-long asset review that revealed a stash of soured loans in the bloc now amounts to almost 900 billion euros ($1.1 trillion).
Critics including some regulators and market participants say that HFT trading, which captured the spotlight in the May 2010 flash crash, serves little purpose, may distort the market and leaves retail investors at a disadvantage.