Company News




EU accuses 13 investment banks of hampering CDS competition

Goldman Sachs and JPMorgan Chase were among more than a dozen financial institutions accused by the European Union of colluding to curb competition in the credit derivatives industry. . .

http://hereisthecity.com/2013/07/01/eu-accuses-13-investment-banks-of-hampering-cds-competition/



Barclays risks forcing showdown over leverage ratio

Perhaps Antony Jenkins, the boss of Barclays, should have read the Bank of England’s financial stability report before threatening to hold back on lending to the economy in response to the central bank’s demand that it starts getting in shape to meet a new measure of financial health. . .

http://hereisthecity.com/2013/07/02/barclays-risks-forcing-showdown-over-leverage-ratio



Basel Seen Defying Logic in Denmark as Rule Hits Mortgages

Denmark is warning that the world’s biggest mortgage market per capita is again under threat from a proposal by the Basel Committee on Banking Supervision.  . .

http://www.bloomberg.com/news/2013-07-01/basel-seen-defying-logic-in-denmark-as-rule-clash-hits-mortgages.html



Chinese bank tops global 1,000 ranking for first time

A Chinese bank has topped a list of the world’s top 1,000 banks for the first time, according to a survey. . .

http://www.bbc.co.uk/news/business-23122491#