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. © 2020 Euromoney, a part of the Euromoney Institutional Investor PLC.
Banking

WireTap 0900 09/01/12

A round-up of the key stories across the specialist financial media, including news that the EU's newly gained powers over national budgets are soon to be put to the test in Belgium.




EU deficit-control powers face test in Belgium

The EU’s powers over national taxing and spending are to face their first test as the European Commission pushes Belgium to make deeper savings.

Click here for the full story


SNB chief to face grilling over currency scandal

Embattled Swiss National Bank Chief Philipp Hildebrand faces a grilling by a parliamentary committee on Monday about a controversial currency trade made by his wife three weeks before he imposed a cap on the soaring Swiss franc.

Click here for the full story


RBS executive in line for £4m bonus 

The head of Royal Bank of Scotland’s embattled investment bank is in line to receive a special bonus this year of more than £4m, an award that will be contentious given the government’s vow to crack down on excessive executive pay.

Click here for the full story


U.S. moves toward legal action against Swiss bank: sources

US authorities are taking steps towards legal action against Wegelin & Co, one of Switzerland’s last pure private banks, on the grounds that it enables wealthy Americans to evade taxes.

Click here for the full story


US regulators eye new futures rules

US financial regulators have raised the idea of extending investor safeguards suggested for certain derivatives to the futures market

Click here for the full story


China money supply growth exceed estimates

China’s December lending and money supply growth exceeded estimates suggesting that monetary conditions may be easing.

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