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Government tightens its grip on the pensions system
The UK pension system is in the grip of a blizzard of legislation, writes Steve Bee.
Citywire.co.uk

Buffett says most banks aren't too big to fail
Billionaire Warren Buffett says most of the banks the U.S. government is evaluating with stress tests are not too big to fail.
Msn

Citi Said to Need Up to $10 Billion
Citigroup may need to raise as much as $10 billion in new capital, as the government continues negotiations with banks over the results of its so-called stress tests.
Wall Street Journal

Berlin issues ultimatum to Landesbanken
The German government has issued an ultimatum to seven Landesbanken to consolidate or face exclusion from its plan to take toxic assets off banks' books
FT

Buffett criticizes bank stress tests
OMAHA, Nebraska (MarketWatch) -- Berkshire Hathaway Chairman Warren Buffett criticized the government's stress tests of the nation's largest banks Sunday, telling a press conference that the health of...
Big News Network

Australia delays carbon trade, may toughen target - Khaleej Times
CANBERRA - Australia's government announced a one-year delay to its carbon emissions trading scheme on Monday, promising more support to big industry but opening the door to a tougher 2020 target in a bid to win its approval. In an effort to ease ...
Feed Digest

ANALYSTS VIEW 5-Australia to delay carbon scheme - Reuters AlertNet
Australia&os;s government announces a one-year delay to its carbon emissions trading scheme, promising more support to big industry but opening the door to a tougher 2020 target in a bid to win its approval. Prime Minister Kevin Rudd has been under ...
Feed Digest

Australia delays carbon emission limits - Financial Times
CANBERRA, May 4 - Australia's government announced a one-year delay to its carbon emissions trading scheme on Monday, promising more support to big industry but opening the door to a tougher 2020 target in a bid to win its approval. In an effort to ...
Feed Digest

BofA and Citi in last push on stress tests
Citigroup and bank of america are working on plans to raise more than $10bn each in fresh capital, even as they launch last-ditch attempts to convince the US government they do not need to bolster their balance sheets
FT

RBS finance director Whittaker to resign
Guy Whittaker, the finance director at the Royal Bank of Scotland, and the only remaining top level board member still at bank following its government rescue, is set to leave. The 70 per c...
Big News Network

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