Analysis: As British lender HSBC considers Canada unit sale, antitrust issues loom

Analysis: As British lender HSBC considers Canada unit sale, antitrust issues loom

TORONTO, Oct 5 (Reuters) – As British lender HSBC Plc explores a potential sale of its Canadian unit, lawyers and analysts say the country’s concentrated banking market could discourage big domestic banks from bidding as the government has charged the antitrust regulator to push for more competition. An HSBC deal would be the first big … Read more

Analysis: UK bond market crash takes shine off Big Bang plans for London

LONDON, Oct 4 (Reuters) – Britain’s new Prime Minister Liz Truss promised to “unshackle” the City of London to fuel growth, but crashing the bond market over tax cuts will take the shine off her “Big Bang” plan for financial services. Markets took fright last month when UK finance minister Kwasi Kwarteng unveiled plans to … Read more

Italy’s antitrust body blocks ERG’s 188 million euro sale of gas, hydro plant to Enel

The new logo of Italy’s biggest utility Enel is seen in Milan, April 17, 2016. REUTERS/Stefano Rellandini/File Photo Register now for FREE unlimited access to Reuters.com Register Sept 23 (Reuters) – Italy’s antitrust regulator on Friday blocked the sale of renewable energy group ERG’s (ERG.MI) 188 million-euro ($182.17 million) unit, which housed its gas and … Read more

German economy ministry reveals plan to boost competition office powers

Pence with the logo of Germany’s Federal Cartel Office are pictured following a news conference in which the anti-trust watchdog presented its findings of the investigation into Facebook’s data collection practices in Bonn, Germany, February 7, 2019. REUTERS/Wolfgang Rattay Register now for FREE unlimited access to Reuters.com Register BERLIN, Sept 19 (Reuters) – Germany’s federal … Read more

Amazon may have to tweak proposals for ending business practices probes, EU’s Vestager says

Register now for FREE unlimited access to Reuters.com Register BRUSSELS, Sept 16 (Reuters) – Amazon (AMZN.O) may have to tweak its proposals to end two investigations into its business practices, EU antitrust chief Margrethe Vestager said on Friday following feedback from third parties on the issue. In July the US online retailer said it would … Read more

Analysis: US SEC draft rules could boost resilience of $24 trillion Treasury market

The US Treasury building is seen in Washington, September 29, 2008. REUTERS/Jim Bourg/File Photo Register now for FREE unlimited access to Reuters.com Register Sept 16 (Reuters) – Proposed rules by the US Securities and Exchange Commission (SEC) to boost central clearing in Treasuries could help shore up resiliency in the $24 trillion market and may … Read more

US consumer watchdog plans to regulate ‘buy-now, pay-later’ companies

Signage is seen at the Consumer Financial Protection Bureau (CFPB) headquarters in Washington, DC, US, August 29, 2020. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com Register Sept 15 (Reuters) – The US Consumer Financial Protection Bureau (CFPB) plans to start regulating “buy-now, pay-later” (BNPL) companies like Klarna and Affirm Holdings (AFRM.O) due … Read more

US SEC unveils Treasury market clearing reforms to address resilience fears

The seal of the US Securities and Exchange Commission (SEC) is seen at their headquarters in Washington, DC, US, May 12, 2021. Picture taken May 12, 2021. REUTERS/Andrew Kelly/File Photo/File Photo Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Sept 14 (Reuters) – The US Securities and Exchange Commission (SEC) on Wednesday unveiled … Read more

EU to set out energy market collateral changes by Sept 22

European Union flags flutter outside the EU Commission headquarters in Brussels, Belgium June 17, 2022. REUTERS/Yves Herman Register now for FREE unlimited access to Reuters.com Register LONDON, Sept 14 (Reuters) – The European Union’s securities watchdog will set out plans by Sept. 22 to help ease a liquidity squeeze faced by energy firms, the bloc’s … Read more

Explainer: Why the US SEC is looking to reform the Treasury market

The seal of the US Securities and Exchange Commission (SEC) is seen at their headquarters in Washington, DC, US, May 12, 2021. Picture taken May 12, 2021. REUTERS/Andrew Kelly/File Photo/File Photo Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Sept 12 (Reuters) – The US Securities and Exchange Commission (SEC) is scheduled on … Read more