The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.
Banking

WireTap 0900 16/05/12

A round-up of the key stories across the specialist financial media, including news that Angela Merkel and François Hollande say they would consider measures to spur economic growth in Greece


Merkel-Hollande meeting yields Greece growth signal

German chancellor Angela Merkel and French president François Hollande say they would consider measures to spur economic growth in Greece as long as voters there committed to the austerity demanded to stay in the euro.

Click here for the full story


Australia’s weak sentiment, wage growth spur rate bets: economy

Australian consumer confidence hovered near the weakest level this year and wage growth slowed, underpinning bets the central bank will cut interest rates next month to the lowest level in more than two years.

Click here for the full story


FBI probes JPMorgan, shareholders back Dimon

The FBI has opened an inquiry into the multi-billion-dollar trading losses at JPMorgan Chase, stepping up pressure on the bank after key US agencies said they were looking into high-risk trades that first drew regulators'' attention last month.

Click here for the full story


EU to push for binding investor pay votes

Shareholders in Europe’s listed companies will be given a binding vote on pay while those who invest in banks will gain powers to set a cap on bonus levels, under plans being drawn up by senior EU officials.

Click here for the full story


European stocks slide

European stocks opened lower on Wednesday as investors grapple with the possibility of a Greek exit from the eurozone and the implications this would have for other "peripheral" members.

Click here for the full story


We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree