This week's view from Europe, courtesy of Edith Rigler : Michel Barnier advocates EU banking union - Business Week, 29 May 2012 The EU Commissioner for the Internal Market said the EU should seek to create a “banking union” in which lenders face tough, common rules allowing them to be wound down without recourse to taxpayer bailouts. Barnier’s…
This week's view from Europe, courtesy of Edith Rigler : Michel Barnier advocates EU banking union - Business Week, 29 May 2012 The EU Commissioner for the Internal Market said the EU should seek to create a “banking union” in which lenders face tough, common rules allowing them to be wound down without recourse to taxpayer bailouts. Barnier’s…
Things we're reading today include … Vampire Squid tweets from the shallowsThe Independent RBS share price to jump but don't get excited, it's only a share consolidatonThe Telegraph Nasdaq offers $40m over Facebook lossesFinancial Times Plus Markets warns of threat to licenceFinancial Times Meeker joins Mack at Lending ClubFinancial Times Luke Ellis – the ex-farmer…
Things we're reading today include … Vampire Squid tweets from the shallowsThe Independent RBS share price to jump but don't get excited, it's only a share consolidatonThe Telegraph Nasdaq offers $40m over Facebook lossesFinancial Times Plus Markets warns of threat to licenceFinancial Times Meeker joins Mack at Lending ClubFinancial Times Luke Ellis – the ex-farmer…
Things we're reading today include … Nasdaq to begin Facebook compensationFinancial Times UK banks sitting on £40bn of undeclared lossesThe Telegraph NBNK gets approval to buy Lloyds branchesThe Telegraph U.S. regulator says looking at JPMorgan clawbacksReuters NYSE Euronext opens up data centresFinancial Times Barclays can keep billions related to Lehman buyout, US judge rulesThe Independent…
Things we're reading today include … Josef Ackermann ends turbulent decade at Deutsche BankThe Telegraph Ackermann defends record at DeutscheFinancial Times Morgan Stanley boss hits back in Facebook float rowThe Telegraph Contactless pay limit goes to £20BBC CoCos will not make Britain's banks safer, says Bank of EnglandThe Telegraph Europe’s banks: The fear factorEconomist…
Things we're reading today include … Shareholders approve Stephen Hester bonus despite £2bn loss at RBSThe Telegraph RBS shareholders will never recover money they lostThe Telegraph RBS annual general meeting: as it happened – May 30, 2012The Telegraph JPMorgan to spin out ‘special investments’Financial Times Amex expands digital voucher partnershipFinancial Times ‘Peer-to-peer’ lenders…
Things we're reading today include … Hedge fund 'liar' fined record £3m and bannedThe Independent Three Spanish banks agree mergerBBC Spain in focus as EU readies euro zone economic strategyReuters Anger over Lagarde's tax-free salaryThe Independent VIDEO: Are the BRICS solid?BBC JPMorgan Cazenove tops league tableFinancial Times Fear of jury boredom seeps into Gupta insider…
Things we're reading today include … Glitches halt new Goldman trade platformFinancial Times RBS faces $100m action after trader caught lyingThe Telegraph Government 'damaged' Barclays with disclosure on £500m tax avoidance schemeThe Telegraph Barclays hits back on tax schemesBBC ‘Whale’ makes a big splash on risk modelsFinancial Times Bailout fears spark Bankia shares dive…
Things we're reading today include … Shareholders set to give RBS chief Hester a rough rideThe Independent RBS cuts ties with former broking armThe Independent JPMorgan replaces prime brokerage head: sourceReuters Rabobank eyes sale of fund management armFinancial Times VIDEO: Your Money: Changes to payday loansBBC Banks glean efficiency tips from industryFinancial Times Lack…
