All Breaking News articles – Page 27
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Walker’s final review published
Proposes strict measures on corporate governance, pay and a powerful Chief Risk Officer role
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MEGA breakfast
An IT provider is hosting a business breakfast to prove the business value in compliance
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Revised data shows UK still in recession
Statistics reveal that national output slumped 0.3% in Q3
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Interviews
Risk problems linger
The crisis prompted a re-evaluation of risk management, yet most companies are unwilling or unable to change, notes a new report
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Recession is a catalyst for business change
CBI outlines emerging trends in supply chains, corporate finance and workforce dynamics
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Macro prudential tools vital to future financial stability
Lord Turner outlines reforms to regulation and supervision of large financial firms
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Commercial litigation leaps 10% following credit crisis
Over 70,000 civil law cases were launched in the High Court in 2008, says RPC
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Hundreds of flooded homes evacuated in Cumbria
There are currently 6 severe flood warnings, 25 flood warnings and 51 flood watches in place across the UK
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Recovery too timid to halt rising unemployment
Removing stimulus measures has to be carried out gradually to avoid undermining the recovery, warns OECD
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US may have overpaid to wind down AIG
A special inquiry reveals at least one bank offered to cancel insurance contracts with the firm for less than the government paid
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Corruption threatens economic recovery
The majority of countries score poorly on a new corruption index
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Energy users face credit and supply crisis
Businesses are being asked by their providers for large cash sums up-front in order to secure essential energy supplies
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Top ten US nat cats
AIR modeled the worst natural catastrophes to hit the US in the past Century and what they would cost in today’s terms
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UK proposes £500,000 fine for data breaches
The government launches consultation on whether breaches of the Data Protection Act should be met with penalty fines
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FSA fines UBS worker for role in illegal trading
Regulator also bans Andrew Cumming from the financial services industry
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Marsh pays $435m to settle shareholder lawsuits
Duperreault says: “We are happy to put it behind us.”
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UK Bribery Bill due in next Parliamentary session
New law intended to simplify current legislation
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Copenhagen climate agreement in deadlock
India’s special enjoy on climate change says that a global commitment to reduce emissions is a long way off