Swiss bank regulators earned a reputation for conservatism – even among their peers – by quickly adopting a reinforced version of Basel III. But that was then, and Switzerland now needs to catch up on some issues, notably the leverage ratio, says Mark Branson, chief executive of the country’s prudential regulator
Axa and AG Insurance say further infrastructure investment by insurers is unlikely in the foreseeable future
EC and Esma have agreed rules – legislators now have six months to endorse them
Day-by-day coverage of Tom Hayes Libor trial
Day-ahead power market coupling has been in operation across the North West Europe region for over a year. To what extent has it helped prices converge, and what are the next steps aimed at bringing Europe’s electricity markets closer together?
Hampered by increasingly complex regulations, as well as the cost and inertia of inefficient legacy systems, banks are facing growing competition from innovative non-bank organisations. Unless they start to confront the mission-critical importance of transforming their technology, could they face death by a thousand cuts?