Eurozone ministers snub latest Greek deal
Tuesday 24 Jan 2012 | Karina Whalley
Talks to prevent a Greek default suffered a setback on Monday night when eurozone finance ministers snubbed a deal put forward by private Greek bondholders.
OECD: Swiss bank reforms should go further
Tuesday 24 Jan 2012 | [email protected] Essential Swiss reforms regulating the country’s two largest banks should be brought forward to help ensure financial stability in the country is maintained, according to the OECD.
Esma rushes short selling consultation
Tuesday 24 Jan 2012 | [email protected] The European Securities and Markets Authority is giving firms less than a month to respond to draft technical requirements for short selling and credit default swaps regulation.
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.
French candidate Hollande: ‘My adversary is finance’
Tuesday 24 Jan 2012 | David Marsh
French Presidential candidate François Hollande threatens to aggravate Franco-German relations if elected after mooting a number of radical financial reforms during a recent speech, says David Marsh, co-chairman of the Official Monetary and Financial Institutions Forum and ex-European editor for the FT.
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.
Hoogervorst hints at accounting slowdown
Monday 23 Jan 2012 | [email protected] International Accounting Standards Board chief Hans Hoogervorst has hinted that the standard setter is ready for a relative period of calm after a breakneck period of changes.
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