Company News



European bank CEO pay

Germany is home to Europe’s best-paid bank CEO, according to a ranking that shows little correlation between executive pay and shareholder returns. . .

http://www.bis.org/bcbs/publ/d296.htm



FSB ‘too big to fail’ proposals welcomed by industry

The Financial Stability Board is proposing a new minimum standard for total loss-absorbing capacity, which is designed to provide confidence that systemically important global banks can absorb losses without upsetting financial stability and the wider economy.

http://www.bankingtech.com/262071/fsb-too-big-to-fail-proposals-welcomed-by-industry/?utm_source=rss&utm_medium=rss&utm_campaign=fsb-too-big-to-fail-proposals-welcomed-by-industry



‘Too big to fail’ bank rules unveiled by global regulators

New global rules to prevent banks that are “too big to fail” from being bailed out by taxpayers have been proposed. . .

http://www.bbc.co.uk/news/business-29982181



The spectre over HSBC

It was an everyday kind of quarter for HSBC: superficially healthy earnings were undermined by a $1.6bn charge to cover a long list of fines, provisions and compensation bills. By way of variation on a theme, there was news of a possible criminal investigation over tax matters in France. . .

http://www.theguardian.com/business/nils-pratley-on-finance/2014/nov/03/nils-pratley-business-hsbc-standard-chartered-ryanair



RBS ditches auditors Deloitte after £45bn taxpayer bailout

Royal Bank of Scotland is ditching the auditors that reviewed its accounts before, during and after its £45bn taxpayer bailout. . .

http://hereisthecity.com/en-gb/2014/11/04/rbs-ditches-auditors-deloitte-after-45bn-taxpayer-bailout/