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» Bank of England Plans to Limit Excessive Risk Taking

Bank of England Plans to Limit Excessive Risk Taking

Bank of England (BOE) has said it plans to take measures to prevent excessive risk-taking banks in the UK.Under the new rules proposed central bank, misbehaving bankers and their bosses will be forced to abandon back bonuses for up to six years. The purpose of the new regulations is to limit banks to take huge bets. The rule has been extinguished after consulting the central bank yesterday, commen[...]

25-Mar-14


» Barclays Cuts 10 Percent Pay of Contract Staff

Barclays Cuts 10 Percent Pay of Contract Staff

Barclays said it plans to cut by 10 thousands of contract staff salaries % or termination of roles.Bank informed that the contract employees, they will have to accept a 10% pay cut , or terminate their work . Bank management wrote a letter to employees, informing them of the new , lower interest rates will be imposed from April 7 to all the " temporary" in the United Kingdom and the United States [...]

25-Mar-14


» Co Operative Groups Troubles are not limited to its Bank

Co Operative Groups Troubles are not limited to its Bank

Co-operative Bank of trouble on their full -time owner, Co-operative Group, its impact is stressed on Monday complex reorganization of the broader population is forced into a relatively small debt.The Group, which owns supermarkets, funeral parlors, pharmacies and banks, are now only 30% being rewritten because of a violation of the terms or conditions of contract risk bonds attached to the IOUs.T[...]

25-Mar-14


» European Regulators Warned of High Risk Loans Beyond The Peak of The Bubble

European Regulators Warned of High Risk Loans Beyond The Peak of The Bubble

European bond investors to abandon the protection of normal leveraged buyout loans creditors , because they snapped riskier securities faster and in greater proportion than the peak of the credit bubble .Amount denominated in euro " Covenant Light" loan growth has now attracted European regulators , who are increasing the lender 's behavior , the interests of its monitoring .Nearly 8 billion € of [...]

24-Mar-14


» CEVA Raise € 10 Billion in Financing Lite COV

CEVA Raise € 10 Billion in Financing Lite COV

CEVA Sant Anne Mills , headquartered in France, Saint Emilion wine region is entering a veterinary drug manufacturers increasingly generous credit markets.A group of banks including Goldman Sachs and Nomura has agreed to lend nearly € 1 billion private equity -backed companies are not required to connect to the heavily indebted borrowers typical creditor protection . It is the world's largest " Co[...]

24-Mar-14