EC chief Jose Manuel Barroso has proposed the introduction into European law of “individual responsibility” which would expose financial sector wrong-doers to criminal sanctions. Read More EU chief wants law change to target rogue bankers
A setback for the recently improving U.S. jobs market and a far more cautious approach to European monetary policy setting set government bond trading alight on Thursday helping propel yields lower. Various Federal Reserve members have stepped up a message warning investors that the economic recovery remains modest. And while Read More Central Bankers Improve [...]
Mervyn King, the Governor of the Bank of England, said he is surprised that the public, facing a fall in living standards, is not more angry with bankers. Read More Mervyn King is surprised anger at bankers is not greater
Britain’s biggest companies are to be matched with individual ministers to “manage” trade and investment deals under a substantial refocusing of the UK’s trade policies, the Government has said. Read More Government ministers copy bankers to boost UK trade
Like the rest of us, the grand mufti of monetary policy return from their holidays this morning to the grim reality of a still profoundly damaged world economy. Read More Central bankers are gearing up for another dose of quantitative easing
Mervyn King is looking for a new breed of regulators focused on public service and not huge banking-style pay packages. Read More Mervyn King I want people focused on public service, not bankers, supervising the city
Alistair Darling has described his super-tax on bonuses as a wake-up call to remind bankers that “they live on the same planet as the rest of us”. Read More Bankers bonus supertax is a wakeup call, says Darling
In his pre-Budget report, Alistair Darling announces measures to raise an extra ?3.5 billion in tax in 2011 and ?5.1 billion the following year. Read More PreBudget report middleclass, bankers and public sector staff will all suffer
Britain’s highestearning bankers will not be identified publicly after “feeble” backtracking that risks leaving a report into the City meaningless it was claimed last night. Read More Critics condemn backtrack on plans to identify highearning bankers as feeble
Forex Boy