Today: July 07, 2024
Today: July 07, 2024

Latest From Huw Jones

Business|Economy

EU banks vulnerable to real estate 'cracks', says watchdog

Banks in Germany, France and elsewhere in the EU have lent more than 1.4 trillion euros ($1.5 trillion) to the commercial real estate sector, leaving some lenders

EU banks vulnerable to real estate 'cracks', says watchdog
Economy

No link between social media stock tips and big returns in long run, says EU watchdog

Choosing stocks based on social media tips might generate big returns in the short term but not in the longer run, and the influence of such tips raises concerns over

Business|Environment

ISSB seeks to harmonise disclosures on corporate climate transition plans

The International Sustainability Standards Board (ISSB) said on Monday it would publish guidance to harmonise how companies across the world publish details on their "

Business|Economy

Stocks dip as investors digest inflation data; bond yields up

Global stock indexes edged lower on Friday, reversing early gains as investors absorbed data that showed U.S. inflation was flat in May but in line with

Stocks dip as investors digest inflation data; bond yields up
Business|Economy

EU watchdog calls out banks for inflating capital buffers

Banks in the European Union could be inflating the value of high-risk debt used to plug gaps in capital buffers intended to provide protection in the event of a crisis,

EU watchdog calls out banks for inflating capital buffers
Business|Economy

Europe may need law to order faster stock settlement, say EU officials

Legislation may be needed to mandate halving the time it takes to settle a stock trade in the European Union to catch up with Wall Street, given the "doubling down in

Europe may need law to order faster stock settlement, say EU officials
Business

Global watchdog to report in October on how social media fuels bank runs

Global financial regulators will present the G20 in October their findings from a "deep dive" on how social media can speed up bank deposit outflows and whether changes

Global watchdog to report in October on how social media fuels bank runs
Business|Economy

US urges Britain to pick a date for stock market shake up

Britain should set a date for halving the time it takes to settle a stock trade - and stick with it, U.S.

US urges Britain to pick a date for stock market shake up
Business|Economy|Environment

EU regulators propose shake-up of sustainable investment labels

European Union regulators proposed sweeping changes on Tuesday to the bloc's rules on labelling sustainable investments, to give investors simpler and clearer

EU regulators propose shake-up of sustainable investment labels
Business|Economy

EU finance chief says ditch national symbols to boost capital market

Merging national stock exchanges and clearing houses and pan-EU supervision are the next steps needed to achieve a better capital market for the bloc, its financial

EU finance chief says ditch national symbols to boost capital market
Business

G20 watchdog says 'non-banks' should hold more cash to cope with margin spikes

"Non-banks" such as insurers, hedge funds, family offices and commodities traders should hold sufficient cash and draw up contingency plans for coping with spikes in

G20 watchdog says 'non-banks' should hold more cash to cope with margin spikes
Business

New York keeps top spot, London second in Z/Yen financial centre survey

New York easily remains the world's top financial centre, cementing its position for the past six years after it overtook London, in second place ever since, ahead of

New York keeps top spot, London second in Z/Yen financial centre survey
Business

Britain proposes 'debanking' law after NatWest debacle

Britain proposed a draft law on Thursday that will compel banks to give customers three months' notice and an explanation before closing their accounts, after former

Britain proposes 'debanking' law after NatWest debacle
Business

Britain eyes phased approach in move to speed up share trading

Britain will push ahead with faster completion of share transactions to catch up with Wall Street, but market participants will be given enough time to adapt their

Britain eyes phased approach in move to speed up share trading
Business

Big Tech move into finance to come under closer EU scrutiny

Tracking how Big Tech is moving into the European Union's financial services sector is challenging, but it currently does not pose a threat to financial stability, the

Big Tech move into finance to come under closer EU scrutiny
Business

EU reinforces tight limits on crypto firms from outside bloc

Crypto companies based outside the EU will only be able to directly serve customers within the bloc under very limited conditions to avoid unfair competition, the

EU reinforces tight limits on crypto firms from outside bloc
Business

City of London remains top global financial centre in own survey

London remains the world's top financial centre as New York slips into second place, after tying with the UK capital last year, the City of London Corporation's own

City of London remains top global financial centre in own survey
Business

Britain proposes post-Brexit easing of company listings rules

Britain's markets watchdog has proposed a single entry point to simplify and speed up company listings in the biggest shake up of its kind in three decades to help

Britain proposes post-Brexit easing of company listings rules
Business

Binance might be peak for U.S. crypto enforcement cases, says CFTC official

Enforcement action against crypto firms may have peaked after last month's $4.3 billion settlement with Binance, as such cases provide companies with a "template" for

Binance might be peak for U.S. crypto enforcement cases, says CFTC official
Business

EU watchdog cautions against one-size-fits-all rules for non-banks

Regulators should keep on open mind when writing rules for the world's $239 trillion "non-bank" financial sector to avoid one-size fits all approaches, the EU's top

EU watchdog cautions against one-size-fits-all rules for non-banks
Business

Analysis-When, not if, Europe copies Wall Street share trading reform

The European Union, Britain and Switzerland have little choice but to copy Wall Street in speeding up share trading, though it will come too late to avoid a

Analysis-When, not if, Europe copies Wall Street share trading reform
Business|Economy

Stock exchanges told to improve how they deal with outages

Stock exchanges and other trading platforms should draw up and make public plans for dealing with outages to provide greater predictability for customers, global

Stock exchanges told to improve how they deal with outages
Business|Economy

EU sticks to January 2025 start for final batch of Basel bank capital rules

The European Union said on Thursday it had given final approval to roll out the remaining batch of tougher bank capital rules from January 2025, building on safeguards

EU sticks to January 2025 start for final batch of Basel bank capital rules
Business|Economy

Britain seeks to rein in Mastercard and Visa fees on retailers

There is little evidence that big fee hikes imposed by U.S. duo Visa and Mastercard on retailers have led to a major improvement in service, Britain's Payment Systems

Britain seeks to rein in Mastercard and Visa fees on retailers
Business|Economy

EU states agree on faster tax refunds for cross-border investors

The European Union on Tuesday approved rule changes to speed up how tax is paid on cross-border investments, helping to deepen the bloc's capital market.

EU states agree on faster tax refunds for cross-border investors

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