Barclays Plc, the U.K.’s second- largest bank by assets, is drawing up plans to revamp its pay structure to counter European Union proposals on executive compensation, a person briefed on the discussions said.
Goldman Sachs Group Inc. Chief Executive Officer Lloyd Blankfein left a White House meeting with President Barack Obama and said lawmakers are risking the economic recovery if they don’t raise the federal debt ceiling.
Paul Achleitner stood before about 120 media executives and government officials at Sanssouci Palace -- the former summer residence near Berlin of Prussian King Frederick the Great -- to honor European Central Bank President Mario Draghi for his work to save the euro.
HSBC Holdings Plc Chairman Douglas Flint said the bank’s three-yearly review of the location of its headquarters has been “pushed back” by as much as 12 months mainly because of U.K. regulatory changes.
HSBC Holdings Plc Chairman Douglas Flint said it’s “worrying” that more countries are acting unilaterally on regulation as financial oversight undergoes its biggest change since the Great Depression of the 1930s.