A clearer regulatory distinction between market making and proprietary trading needs to be an early priority of the European Commission’s CMU policy initiative
The limited impact of European bank downgrades on their covered bond ratings has improved morale in the market, which is suffering under the ECB’s bond buying programme
The deal that created one of the world’s biggest gaming groups is the first to use the EU Cross-Border Merger Directive, and has drawn the US into Europe’s loyalty-based shares debate.
