UK’s Financial Conduct Authority drop inquiry into culture of banking

Thursday, December 31, 2015 The Financial Conduct Authority, one of Britain’s banking sector regulators, indicated it has decided to drop an inquiry into banking culture, including practices and payment of banking staff. The inquiry was intended to review “whether culture change programmes in retail and wholesale banks are driving the right behaviour, in particular focusing…Continue reading

UK’s Financial Conduct Authority drop inquiry into culture of banking

50 Italian parliamentarians call for global summit for “a new financial architecture”

Thursday, March 17, 2005 A letter and motion to be debated by Italian Parliament this week calls for action to address speculative bubbles and potential future financial crashes in the global economy. The motion asks for a global summit similar to the 1944 Bretton Woods United Nations Monetary and Financial Conference, which gave us the…Continue reading

50 Italian parliamentarians call for global summit for “a new financial architecture”

Moldovan wines win three medals at contest in Bordeaux

Tuesday, May 13, 2008 Moldovan wine producers took three silver medals at the third annual international contest of wine tasting and judging of strong alcoholic beverages, the “Concours Mondial de Bruxelles 2008”. This year the event was held in Bordeaux, France. Previously, the event was held in Portugal and in Maastricht in 2007 and will…Continue reading

Moldovan wines win three medals at contest in Bordeaux

CEO of GM outlines plan for “New GM” after auto company declared bankruptcy

Thursday, June 4, 2009 In a New York press conference at 16:15 UTC, June 1st, Fritz Henderson, the Chief Executive Officer of General Motors, which filed for bankruptcy and Chapter 11 protection from its creditors earlier today, outlined a plan for what he called a “New GM”. Speaking to the press under safe harbor provisions…Continue reading

CEO of GM outlines plan for “New GM” after auto company declared bankruptcy