New bank agency needs treaty change
Tuesday, 28 May 2013, 12:26
Last update: about 14 years ago
Malta Independent
A top official with Germany's central bank says the EU will have to change its basic treaties if a proposed a new agency to wind down busted banks is to "stand on firm...
MFSA - a new ‘Twin Peaks’ model
Tuesday, 28 May 2013, 10:05
Last update: about 13 years ago
Malta Independent
Last year, the unexpected discovery of a rogue trader at the Swiss bank UBS, by the name of Kweku Adoboli, who concealed trades that cost its branch in London the sum of $2.3 billion resulting from...
Important leadership trends in 2013
Tuesday, 28 May 2013, 10:02
Last update: about 13 years ago
Malta Independent
Last year, the Department for Business, Innovation and Skills (BIS) presented a report in which it stated that nearly 75 per cent of organisations in England were reporting a deficit in management...
Cyprus ends money controls on 2 more foreign banks
Monday, 27 May 2013, 14:23
Last update: about 13 years ago
Malta Independent
Cypriot authorities have lifted restrictions on money withdrawals and transfers for international clients of another two foreign banks active in the crisis-hit country. The Finance...
Oil falls below $94 a barrel
Monday, 27 May 2013, 09:20
Last update: about 13 years ago
Malta Independent
The price of oil fell Monday as traders concerned about global energy demand took profits ahead of economic data from China and the United States. Benchmark oil for July delivery was down...
IMF chief named key witness in French payoff case
Saturday, 25 May 2013, 08:44
Last update: about 13 years ago
Malta Independent
After two days of intense questioning from French magistrates, International Monetary Fund chief Christine Lagarde said Friday a court named her as a key witness in an investigation into a...
ECB's Draghi: 'Imperative' to set up new bank body
Friday, 24 May 2013, 10:15
Last update: about 14 years ago
Malta Independent
European Central Bank President Mario Draghi said it was "imperative" that Europe's leaders create a new agency with powers to restructure busted banks in order to help the region leave...
ECB official: New bank authority 'indispensable'
Thursday, 23 May 2013, 18:24
Last update: about 14 years ago
Malta Independent
A top European Central Bank official is calling for quick creation of an agency with powers to restructure and wind down busted banks, in an apparent pushback against Germany's...
UN sees slow global economic growth in 2013
Thursday, 23 May 2013, 07:52
Last update: about 14 years ago
Malta Independent
Global economic growth is projected to gain slow momentum for the rest of the year, a United Nations economic forecast said Thursday. The U.N.'s Development Policy and Analysis...