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By Jim Brunsden, Bloomberg |
October 2, 2012
European Union banks would be forced to push much of their trading activities into separately capitalized units and face extra bonus rules under plans proposed by an EU-mandated working group.
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By Jim Brunsden, Bloomberg |
September 25, 2012
An E.U. agency may win powers to ban new instruments and to force traders to reduce positions as part of an overhaul of the bloc’s market rules.
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By Ben Moshinsky and Jim Brunsden, Bloomberg |
September 24, 2012
European Union lawmakers should enact tougher punishments for market abusers, including jail time, by the end of the year in response to the Libor scandal, the bloc’s financial-services chief said.
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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 Jana Randow and Jeff Black, Bloomberg |
September 5, 2012
European Central Bank President Mario Draghi’s bond-buying proposal involves unlimited purchases of government debt that will be sterilized to assuage concerns about printing money.
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By Allison Bennett, Bloomberg |
September 4, 2012
The euro weakened versus most of its major counterparts amid concern policy measures from the European Central Bank may not be enough to contain the region’s debt crisis.
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September 4, 2012
European Central Bank President Mario Draghi said the bank’s primary mandate compels it to intervene in bond markets to wrest back control of interest rates and ensure the euro’s survival.
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By Phil Flynn |
September 4, 2012
Of the 11 Gulf Coast refineries affected by Isaac-related flooding and power outages, one has returned to normal operation and nine others are restarting or operating at reduced rates.
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By John Detrixhe, Bloomberg |
July 19, 2012
Barclays Plc’s admission that it rigged the London interbank offered rate shows regulators, central bankers and politicians weren’t paying attention when everyone from Citigroup Inc. to the Bank for International Settlements indicated that the measure was being manipulated.
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By Jim Brunsden and Ben Moshinsky, Bloomberg |
May 26, 2012
The European Union will seek to give regulators the power to impose writedowns on senior unsecured creditors at failing banks.
