financial services

• Plan Said to Expand ECB Power in Banking

  By Jim Brunsden and Rebecca Christie, Bloomberg  |  August 31, 2012

  Under the EU proposal for banking union, ECB would be the only regulator able to grant banking licenses in the euro-zone.

• Dodd-Frank Would Survive Romney Presidency

  By Phil Mattingly, Bloomberg  |  August 30, 2012

  GOP nominee’s pledge to kill financial reform legislation collides with Wall Street’s agenda.

• BBA May Lose Oversight of Libor

  By Liam Vaughan and Gavin Finch, Bloomberg  |  August 14, 2012

  Authorities consider stripping bankers’ group of its role regarding benchmark rate.

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  Allianz Chief Risk Officer Balances Risk and Reward

  By Russ Banham  |  August 13, 2012

  Thomas Wilson, one of the executives on the 100 Most Influential List in 2012, has worked to professionalize the financial services firm’s risk management operations.

• Regulators to Investigate Captives (WSJ)

  August 6, 2012

  New York investigation looks into financial arrangements between insurance companies and captives.

• China Pays $1 Bln for U.S. Exits

  By Bloomberg News  |  July 11, 2012

  State-owned lender offers funds so Chinese companies can leave U.S. stock market.

• Thomson Deal a Plus for FXall Clients

  By Susan Kelly  |  July 10, 2012

  Acquisition of FX trading platform could mean expanded resources, more liquidity.

• Europe Speeds Spanish Bank Aid

  By James G. Neuger and Mark Deen, Bloomberg  |  July 10, 2012

  Emergency loans could total $123 bln; governments aim for direct loans.

• London Scandals Risk City Reputation

  By Kevin Crowley and Ambereen Choudhury, Bloomberg News  |  July 6, 2012

  Libor rigging occurs as Europe sets up bank regulator, which could disadvantage U.K.

• Diamond: Rivals Lowballed Libor

  By Jesse Westbrook, Liam Vaughan and Howard Mustoe, Bloomberg  |  July 5, 2012

  Former Barclays CEO blames competitors and says regulators failed to act promptly.