HSBC Holdings Plc Chairman Douglas Flint had some advice for bank executives meeting in London last week: Read up on how the U.S. uses financial warfare against its enemies in a foreign-policy shift that’s entangling lenders.
European lawmaker Sharon Bowles said that diplomacy and knowledge of banking regulation are strengths she can offer to support her candidacy to become the first female governor in the Bank of England’s 318-year history.
European Parliament lawmaker Sharon Bowles said her interview to become Bank of England Governor was shrouded in secrecy as the U.K. Treasury tried to keep the application process under wraps before a decision due on Dec. 5.
From a corner conference room overlooking the Thames, Michael Sherwood, a vice chairman of Goldman Sachs Group Inc., has the guts to voice publicly what many in London’s centuries-old financial district are increasingly worried about behind closed doors: that threats to Britain’s membership in the European Union are threats to British business.
European Parliament lawmaker Sharon Bowles invoked Christine Lagarde at the International Monetary Fund as an example of why she should be Bank of England governor as rival candidate Adair Turner spelled out his views on monetary policy.
Yves Mersch is about to fulfil an ambition denied to the Luxembourg central bank governor for months in a fight over gender politics as he fills the vacant slot on the European Central Bank’s Executive Board.
When Europe’s leaders set out in June 2012 to break the “vicious circle” between banks and sovereigns, they left rules for treating government bonds untouched, an oversight that may subvert their drive to prevent a recurrence of the debt crisis.
The European Union is focusing on devising a EU-wide system “available for every country” that would support states that get into financial difficulty, Sharon Bowles , chairman of the European Parliament’s economic and monetary committee, told Sky News in an interview.