FSA says Barclays may be “watershed” for banks
LONDON (Reuters) - Barclays' record fine for rigging Libor interest rates should be a "watershed" moment for the wider financial industry to clean up its act and restore public trust,...
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ECB in line to oversee top European banks
LONDON/BRUSSELS (Reuters) - Spain's EU bank bailout has catalyzed growing German and French support for the European Central Bank to take over responsibility from the European Banking Authority for monitoring...
Banks fail to peg bonuses to performance: G20 body
LONDON (Reuters) - Banks are failing to comply with global rules requiring them to peg bonuses to long-term company performance, the regulatory task force of the Group of 20 leading...
Banks fail to peg bonuses to performance: G20 body
LONDON (Reuters) - Banks are failing to comply with global rules requiring them to peg bonuses to long-term company performance, the regulatory task force of the Group of 20 leading...
Global regulators chide EU on bank capital rules
LONDON (Reuters) - Global bank regulators warned the European Union it risked watering down agreed bank capital rules designed to avert another financial crisis and called for more consistency in...
Global regulators chide EU on bank capital rules
LONDON (Reuters) - Global bank regulators warned the European Union it risked watering down agreed bank capital rules designed to avert another financial crisis and called for more consistency in...
Counterparty gone bust? You still have to pay
LONDON (Reuters) - Trade derivatives and end up owing money to a counterparty who goes bust and you will still have to pay out, a UK court decided on Tuesday,...
Counterparty gone bust? You still have to pay
LONDON (Reuters) - Trade derivatives and end up owing money to a counterparty who goes bust and you will still have to pay out, a UK court decided on Tuesday,...