French banks hit by rating cut
Tuesday 24 Jan 2012 | Karina Whalley
Standard & Poor’s has downgraded four of France’s biggest banks following the loss of its AAA sovereign credit rating.
Davos 2012: The great transformation?
Tuesday 24 Jan 2012 | Eleanor Lavan
Ahead of Davos, Eleanor Lavan of the British Bankers’ Association says the sweeping regulatory changes that the UK has initiated in recent months must be matched by other countries to ensure global recovery.
Bowles re-elected as Econ chair
Monday 23 Jan 2012 | [email protected] The influential chair of the European Parliament’s economic and monetary affairs committee, Sharon Bowles, has been reappointed for a second two and a half year term.
Asia in the year of the dragon
Monday 23 Jan 2012 | Haruhiko Kuroda / Project Syndicate
Although Asia has little external financial vulnerability, it is not decoupled from the West and European policymakers would do well to remember this when tackling the EU’s sovereign debt crisis, says Haruhiko Kuroda, president of the Asian Development Bank.
Driving business innovation from regulatory pressures
Monday 23 Jan 2012 | Claire Paisley and David FitzGerald
Innovation and regulation are words that are not often strongly correlated in any sector – let alone the financial services industry – but this can change, according to Claire Paisley and David FitzGerald of Baringa Partners.
Hungarians rally in support of bank law
Monday 23 Jan 2012 | [email protected] Hungarians rallied in support of the government following the EU’s decision to start legal action against the country if it does not back down on constitutional changes compromising the independence of its central bank.
Barnier: FTT will not be forced on UK
Monday 23 Jan 2012 | [email protected] Influential European internal market commissioner Michel Barnier has assured the City of London that a much-loathed financial transaction will not be imposed on the UK against its will.
Firms reluctant to tweet due to regulation
Monday 23 Jan 2012 | [email protected] Financial services firms are unwilling to use social media sites such as Twitter because of compliance issues and the potential regulatory backlash it could cause, according to new research.
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