Basel eases bank capital rule for derivatives clearing
LONDON (Reuters) - Banks will not have to hold as much capital as feared to cover trading losses, global regulators said on Thursday in their latest easing of rules to...
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EU proposes bigger shareholder say over executive pay
LONDON (Reuters) - Listed companies across the European Union must get shareholder approval on pay for their top executives under a draft law aimed at making firms more answerable to...
EU proposes bigger shareholder say over executive pay
LONDON (Reuters) - Listed companies across the European Union must get shareholder approval on pay for their top executives under a draft law aimed at making firms more answerable to...
BoE’s Haldane says funds can also be ‘too big to fail’
LONDON (Reuters) - A top Bank of England official put the world's $87 trillion asset-management industry on alert on Friday, saying it posed some of the same "too big to...
EU approves rules to shake up company book-keeping
LONDON (Reuters) - The European Union has approved some of the world's toughest rules for accountants in a bid to avoid a repeat of banks being given a clean bill...
EU sets out plans to free finance for investment
LONDON (Reuters) - The European Union will look for ways other than the region's banks to finance infrastructure projects and invest in start-up companies, according to plans the EU published...
Bank of England readies tools to rein in risky mortgage lending
LONDON (Reuters) - The Bank of England urged banks on Thursday to consider the risk of future spikes in interest rates when they approve mortgages, and prepared tools to rein...
UK watchdog fines and bans trader in first gilt-rigging case
LONDON (Reuters) - Britain's financial watchdog has fined former Credit Suisse bond trader Mark Stevenson 662,700 pounds ($1.1 million) in its first enforcement action for manipulating the 7.2 trillion pound...
Exclusive: EU legal opinion opens door to Tobin tax on forex
LONDON (Reuters) - Deals from the multi-trillion euro a day foreign exchange market could in principle be included in a tax on financial transactions, a legal opinion from European Union...
Bankers sidestepping bonus cap face regulator action: EU’s Barnier
LONDON (Reuters) - Bankers who sidestep a cap on their bonuses will face action from the European Union's banking regulator, the bloc's financial services chief said on Tuesday as he...