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Posts Tagged ‘Regulator’

BSkyB bid referred to regulator

July 12th, 2011 Comments off

Sky signNews Corp already owns 39% of BSkyB

News Corporation has withdrawn its proposed undertaking to sell Sky News as part of its attempt to take over broadcaster BSkyB.

The spin-off of Sky News had initially been the key condition if News Corp was to be allowed to take over BSkyB.

But in light of the phone-hacking scandal, the culture secretary is seeking fresh advice from regulators.

BBC business editor Robert Peston said News Corp was asking for its bid to be referred to the Competition Commission.

News Corp already owns 39% of BSkyB but wants to take full control of the firm.


BBC News – Business

Categories: Investing Tags: , ,

Turkish Bank Regulator Increases Reserves on Consumer Lending

June 18th, 2011 Comments off

Turkey’s banking regulator increased the reserves banks must set aside against consumer lending, the latest in a series of steps designed to slow loan growth and rein in a booming economy.
BusinessWeek.com — Finance

Canadian Regulator Probing ‘Matters Related’ to Sino-Forest

June 8th, 2011 Comments off

The Ontario Securities Commission, Canada’s main stock market regulator, is investigating “matters related” to Sino-Forest Corp., whose shares have plunged 73 percent since a short seller said it overstated timberland production.
BusinessWeek.com — Finance

Risky Banks to Face Scrutiny From U.K. Regulator, Sants Says

May 19th, 2011 Comments off

The Prudential Regulatory Authority plans to crack down on risky U.K. banks when it takes over financial regulation next year, restricting the dividends and bonuses of lenders at an earlier stage.
BusinessWeek.com — Finance

EU Bank Bonus Payouts Said to Be Scrutinized by Regulator

March 28th, 2011 Comments off

The European Union’s top financial regulator will review this year’s bonus awards following criticism of large payouts for bank executives, two people with knowledge of the situation said.
BusinessWeek.com — Finance

Congress May Slow ‘Swipe’ Cap Amid Regulator Concerns

February 17th, 2011 Comments off

A proposed cap on debit-card ‘swipe’ fees scheduled to take effect in July may be delayed or revised amid questions about its impact raised by the financial industry, regulators and lawmakers.
BusinessWeek.com — Finance

Toronto Dominion Bank Trader Fined, Banned by U.K. Regulator

December 16th, 2010 Comments off

A bond trader fired by Toronto- Dominion Bank was banned from working in the financial industry in the U.K. and fined 750,000 pounds ($ 1.2 million) for misstating his trading positions and lying to hide losses.
BusinessWeek.com — Finance

Singapore Exchange Obtains Regulator Approval for ASX

December 15th, 2010 Comments off

Singapore Exchange Ltd.’s A$ 7.8 billion ($ 7.8 billion) bid for ASX Ltd., operator of Australia’s main bourse, was cleared by the nation’s competition regulator.
BusinessWeek.com — Finance