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Financial Risks Today Magazine

Subscribe to our Email Newsletter. Libor can be reformed says review. Libor should be reformed and not scrapped according to a review by the chief of financial conduct at the Financial Services Authority Martin Wheatley. Despite the ongoing scandal over the manipulation of Libor by banks in the UK and abroad, the review said that there was a clear case to comprehensively reform the bank lending rate. Finish minister: ESM must start with clean slate. BBA willing to concede role in Libor. Negotiations over...

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Subscribe to our Email Newsletter. Libor can be reformed says review. Libor should be reformed and not scrapped according to a review by the chief of financial conduct at the Financial Services Authority Martin Wheatley. Despite the ongoing scandal over the manipulation of Libor by banks in the UK and abroad, the review said that there was a clear case to comprehensively reform the bank lending rate. Finish minister: ESM must start with clean slate. BBA willing to concede role in Libor. Negotiations over...
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Financial Risks Today Magazine | financialriskstoday.com Reviews

https://financialriskstoday.com

Subscribe to our Email Newsletter. Libor can be reformed says review. Libor should be reformed and not scrapped according to a review by the chief of financial conduct at the Financial Services Authority Martin Wheatley. Despite the ongoing scandal over the manipulation of Libor by banks in the UK and abroad, the review said that there was a clear case to comprehensively reform the bank lending rate. Finish minister: ESM must start with clean slate. BBA willing to concede role in Libor. Negotiations over...

INTERNAL PAGES

financialriskstoday.com financialriskstoday.com
1

FSA defends its role in Diamond appointment

http://www.financialriskstoday.com/barclays_fsa_select.php

Subscribe to our Email Newsletter. FSA defends its role in Diamond appointment. The Financial Services Authority (FSA) warned Barclays that would revoke Bob Diamond's appointment as the bank's chief executive if the investigation into Libor proved to have an "adverse effect" a memo released by the Treasury Select Committee reveals today. The minutes added: "HS [Hector Sants] explained that in reaching a judgement on this appointment the FSA has taken into consideration an ongoing investigation with regar...

2

UK to miss debt targets

http://www.financialriskstoday.com/UK_debt_ons_august.php

Subscribe to our Email Newsletter. UK to miss debt targets. The UK government is likely to miss its debt reduction goals this year after Office for National Statistics figures showed borrowing for the first five months of the year running at over 25% above targets. Between April and August, the government borrowed 61.3bn - 26.7% over the same period last year - once the one-off savings created by the Royal Mail Pension Scheme and the Bank of England's Special Liquidity Scheme were excluded. Fencing off t...

3

BBA willing to concede role in Libor

http://www.financialriskstoday.com/bba_libor.php

Subscribe to our Email Newsletter. BBA willing to concede role in Libor. The British Bankers' Association (BBA) will support any stripping of its responsibilities relating to Libor, the group said last night. Head of the Financial Services Authority's financial conduct unit Martin Wheatley is to release his findings into a review of Libor on Friday and is expected to offer a major overhaul of the bank lending rate which has come under fire since Barclays. Was fined for manipulating the rate. He commented...

4

Moscovici: Room for agreement between France and Germany over banking union

http://www.financialriskstoday.com/moscovici_germany_ecb.php

Subscribe to our Email Newsletter. Moscovici: Room for agreement between France and Germany over banking union. France and Germany have room for an agreement over the proposed banking union according to French finance minister Pierre Moscovici. Although France wants to move quickly to start up the banking union, the two countries are split over the timing and scope of regulation that the European Central Bank (ECB) will be given. However, at a press conference, French PM Jean-Marc Ayrault said that his C...

5

Is the super cycle a myth?

http://www.financialriskstoday.com/supercycle_superderivatives.php

Subscribe to our Email Newsletter. Is the super cycle a myth? Market watchers would be forgiven for thinking that commodities have broken out from the traditional wisdom of cyclical markets and are heading for the heavens. Anyone remember some guy called Gordon Brown taking a similar view on ending boom and bust market activity. Anyone remember him? But is a commodities super cycle really underway or are we actually in a normal cycle? However, if commodities are indeed operating in a normal cycle, given ...

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simbits: July 2011

http://simbits.blogspot.com/2011_07_01_archive.html

Away with the hive mind. Thursday, 28 July 2011. DANIEL CRAIG'S MY WOOKIE BITCH NOW. Links to this post. Wednesday, 27 July 2011. As some know I edit a mag called Financial Risks Today. That has its own blog. And I thought I'd share a take on the situation in the States today as the deadlock could have been in 1940:. The UK this week sees the premier of Captain America: The First Avenger. Erskine was killed just after Rogers' transformation by Gestapo agent Heinz Kruger. Meanwhile, the Democrats, althoug...

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Financial Risks Today Magazine

Subscribe to our Email Newsletter. Libor can be reformed says review. Libor should be reformed and not scrapped according to a review by the chief of financial conduct at the Financial Services Authority Martin Wheatley. Despite the ongoing scandal over the manipulation of Libor by banks in the UK and abroad, the review said that there was a clear case to comprehensively reform the bank lending rate. Finish minister: ESM must start with clean slate. BBA willing to concede role in Libor. Negotiations over...

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