4 ways regulators must keep up with the global digital economy

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Lisa Quest, Partner; Head, Public Sector, United Kingdom & Ireland, Oliver Wyman Group (MMC) & Jo Ann Barefoot, Founder, CEO, Alliance for Innovative Regulation & Owain Service, Founder, CEO, The Cognition Company Governments must learn how to regulate […]

Big world banks to pay $ 4.95bn for cheating customers; Is it a punishment or a gentle caress?

Last week five of the world largest banks, JPMorgan, Barclays, Citigroup, Royal Bank of Scotland and Union de Banques Suisses were fined by the American magistrates a total of $ 4.7 billion for rigging interest rate benchmarks. The banks had been setting those standards by themselves for five years after 2007. In another case the […]