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By Jim Brunsden and Rebecca Christie, Bloomberg |
May 14, 2013
The European Central Bank clashed with Germany over how the European Union will handle struggling banks and whether to create a common agency and fund to manage failures.
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By Jim Brunsden |
April 22, 2013
The European Union intensified its campaign against U.S. Federal Reserve proposals to toughen oversight of bank units belonging to overseas lenders.
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By Richard Rubin, Bloomberg |
April 22, 2013
A U.S. Senate bill that would let states impose sales taxes on purchases from out-of-state sellers could lead to state-level financial transaction taxes, a Wall Street trade association said.
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By Silla Brush |
April 19, 2013
The $639 trillion global swaps market is starting to fragment because regulators are failing to agree on the cross-border rules.
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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 Michael McFarlin |
January 21, 2013
Edelman recently released their annual Trust Barometer report, and for the third year in a row banks and financial services placed in the bottom two spots. In contrast, technology is the most trusted industry.
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By Katie Linsell, Bloomberg |
January 8, 2013
Euribor, the base rate for trillions of euros of lending, may face an exodus of contributors after Rabobank Groep’s departure, according to the banking lobby that administers the scandal-hit benchmark.
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By Daniel P. Collins, Michael McFarlin |
December 20, 2012
The proposed acquisition of NYSE Euronext by ICE would be highly profitable for ICE, leading to a 10% plus increase in ICE stock according to a preliminary analysis by financial services firm Keefe, Bruyette & Woods.
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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.
