Tuesday Apr 15
EU lawmakers complete financial system overhaul
The European Parliament on Tuesday completed the biggest overhaul of the bloc's financial system since the introduction of the euro currency, passing laws to minimize the risk and cost posed by failing banks.
EU chief pledges crackdown on 'flash boy' high-frequency traders
Europe's financial chief promised the toughest-ever clampdown on high-frequency traders yesterday, as the world's-biggest futures market faced legal action related to the practice.
High-Frequency Traders Set for Curbs as EU Reins In Flash Boys
European Union lawmakers are poised to approve some of the toughest restrictions in the world on high-frequency trading, the first crackdown in the aftermath of Michael Lewis 's latest book, "Flash Boys."
EU proposes bigger shareholder say over executive pay
Listed companies across the European Union must get shareholder approval on pay policy for top executives under a draft European Union law aimed at making firms more answerable to their owners.
Euro-Area Banks Face Tougher Risk-Model Scrutiny: Barnier
The European Union's financial-services chief Michel Barnier said, "The single supervisor will need to work on the great diversity of approaches in terms of bank risk-weight models that exist at the moment."
(European) Commission plans to tap pension funds to kickstart business
Tapping pension funds and encouraging online crowd funding are at the heart of plans unveiled by the European Commission to kickstart business investment.
Europe to loosen rules for banks repackaging debt
The European Union will loosen rules on selling securitised debt, the bloc's regulatory chief said on Thursday, giving a second chance to products that triggered the worst financial crisis in a generation.
The Washington Post
Russia Pressed on Ukraine as EU Joins U.S. on Sanctions
The European Union followed the U.S. in intensifying sanctions against Russian President Vladimir Putin's inner circle to pressure his government to defuse the global standoff over Ukraine.