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Like many publishers, Global Financial Strategy has found the market dynamics of online publishing challenging and after a two year commitment has decided that further investment is unlikely to yield the return set by its parent company Cicero Group.
Tucker: Resolution regime 'top priority'
The UK's central bank deputy governor says a credible resolution regime for failed banks is the highest priority in regulation and has called for a simplification of too-big-to-fail entities.
Fitch downgrades Belgian banks
Fitch has slashed the long-term issuer default ratings on Belgium's two largest banks, Dexia and KBC, following the agency's recent downgrade of Belgium's sovereign rating.
MF Global spoke of 'strong' finances
The chief financial officer of futures broker MF Global told Standard & Poor's that the firm's finances had "never been stronger" just a week before it filed for bankruptcy.
Bowles blasts lack of women at ECB
Sharon Bowles - photo by European Commission Tuesday 31 Jan 2012 | Karina Whalley
Leading MEP Sharon Bowles has blasted the European Central Bank for being completely dominated by men and having a "blatant disregard" for gender balance.
UK FSA pushes for Mifid II rethink on OTCs
Tuesday 31 Jan 2012 | Karina Whalley
The UK financial services watchdog has called for Mifid II to lift restrictions on OTC derivative dealers and allow them to use their own capital when trading on organised trading facilities.
CFTC set for committee to scrutinise HFT
Tuesday 31 Jan 2012 | Andrew.Hickley@gfsnews.com
The Commodity Futures Trading Commission is to establish a subcommittee looking into high-frequency trading, according to reports.
Barnier warns on further bonus reforms
Michel Barnier - photo by European Commission Tuesday 31 Jan 2012 | Andrew Hickley
Internal market commissioner Michel Barnier has warned that Europe's banking industry will face more reforms if banks continue to pay bonuses that go "against morality".
FSB urges Canada for one securities regulator
Tuesday 31 Jan 2012 | Andrew Hickley
Canada has been urged to establish a single national securities regulator despite being praised for its oversight of firms in the lead-up to the financial crisis.
Czechs join UK on fiscal compact sidelines
Tuesday 31 Jan 2012 | Andrew Hickley
Twenty-five of the 27 EU countries have agreed to a new fiscal compact, with the Czech Republic joining the UK in refusing to sign the new agreement.
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