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UK Regulator In Shock Resignation

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Hector Sants, Chief Executive (CEO) of the Financial Services Authority (FSA), has announced his intention to leave the organisation at the end of June 2012, having completed the fundamental design and delivery of the changes needed to achieve the Government’s plan to separate prudential and conduct financial regulation in the UK.

What Motivated Goldman's Smith To Go Rogue ?

Eric Shatker Goldman Still

Bloomberg's Erik Schatzker, Stephanie Ruhle, Sara Eisen and Scarlet Fu report on the reactions to, possible motives for and timing of former Goldman Sachs employee Greg Smith's opinion piece resignation letter.

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Mario Draghi

European fund manager assets spike 15% to $20 trillion

Fund manager assets in Europe are slowly catching up with their U.S. counterparts after a 15 percent jump in money under management in the currency bloc, and it looks as though the European Central Bank's bond-buying program can only help the industry.