Greece’s exit from a eurozone risks causing an “unpredictable” widespread of a debt crisis, a unfolding that France will work to equivocate during all cost, French Finance Minister Pierre Moscovici pronounced Tuesday. “Everything contingency be finished to assistance pro-European and pro-euro army in Greece,” forward of repeat elections due subsequent month, Moscovici told AFP, citing [...]
Au revoir to the Aviva chief exec who fell victim to the shareholder spring
Aviva chief executive Andrew Moss, who resigned this morning after waiving his 2012 salary increase over concerns about executive pay, will not be the last boardroom casualty of what might be called a “shareholder spring”. Mr Moss may be blameless – and Aviva is certainly a better-run business than many insurers, including offering valuable shareholder [...]
Ball rolls from financial to domestic court
Washington, Apr 22: Finance apportion Pranab Mukherjee currently most cleared his hands of a duration direct finished by arch apportion Mamata Banerjee. Wrapping adult his revisit to Washington for a open meetings of the World Bank and a International Monetary Fund, Mukherjee pronounced an institutional routine was already underneath approach to understanding with Mamata’s demand. [...]
Russia's maestro financial arch enters politics
AUSTIN, Texas (Reuters) – A comparison member of a Mexican drug conglomeration was condemned to life in jail in a U.S. justice on Thursday after authorities concerned him in some-more than 1,500 murders, including a 2010 execution of a U.S. consulate worker in northern Mexico. Jose Antonio Acosta Hernandez, 34, pleaded guilty to 11 …
Why RBS chief executive’s bonus decision should be followed by most FTSE 100 directors
Royal Bank of Scotland (RBS) chief executive Stephen Hester’s decision to give up his £1m bonus should be followed by thousands of other City fat cats who have filled their pockets while millions of shareholders suffered shocking capital losses over the last decade. Taxpayer ownership of 83pc of RBS raised public awareness of rewards for [...]
Crew Chief goes to finance.
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IMF chief offers nothing but platitudes
Christine Lagarde’s blood-curdling warning of a 1930s style depression is all very well as far as it goes, but she fails to provide anything in the way of solutions. After a brief interlude in which the multilateral response to the initial banking crisis seemed to be working, it is now manifestly failing. Presumably, Ms Lagarde’s [...]
New ECB chief must act as Europe again stares into the abyss
Welcome to Bedlam, Mr Draghi. Yes, it’s Mario Draghi’s first day in the office as the new European Central Bank president, and if he was hoping, after last week’s “comprehensive settlement”, for a reasonably settled start, he had better think again. We all know what Mr Draghi should be doing; he should be immediately reversing [...]
PM under pressure as police chief quits
Resignation of Sir Paul Stephenson, the UK’s top police officer, puts renewed pressure on the prime minister over the phone-hacking scandal View full post on Financial Times – UK Homepage
Cameron under pressure as police chief quits
Resignation of Sir Paul Stephenson, the UK’s top police officer, puts renewed pressure on the prime minister over the phone-hacking scandal View full post on Financial Times – UK Homepage