Reuters: Regulatory News: PRESS DIGEST - Financial Times - July 18

Reuters: Regulatory News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

PRESS DIGEST - Financial Times - July 18 Jul 17th 2012, 23:54 Tue Jul 17, 2012 7:54pm EDT Financial Times Headlines LIBOR 'STRUCTURALLY FLAWED', SAYS FED - HSBC COMPLIANCE BOSS QUITS IN FRONT OF SENATE - HOLLANDE SCRAPS TAX BREAKS ON OVERTIME - BRUSSELS TAKES ISSUE WITH WINDOWS 8 - GOLDMAN PAY RATIO RISES AS EARNING SLUMP - M&S BANK TO CHARGE FOR ALL CURRENT ACCOUNTS - YAHOO'S NEW CHIEF DEFLECTS CONCERNS - CREDIT AGRICOLE POISED TO SELL CHEUVREUX - GUARDIAN REPORTS 44 MILLION POUND LOSS - Overview LIBOR 'STRUCTURALLY FLAWED', SAYS FED Ben Bernanke, U.S. Federal Reserve chairman, told Congress on Tuesday that Libor is 'structurally flawed' and an international effort is needed to restore its credibility. HSBC COMPLIANCE BOSS QUITS IN FRONT OF SENATE HSBC's chief compliance officer David Bagley resigned from his post during a U.S. senate hearing on Tuesday after a money laundering scandal involving the bank. HOLLANDE SCRAPS TAX BREAKS ON OVERTIME French president Francois Hollande is fulfilling an election promise to reintroduce the taxes for all but companies employing fewer than 20 workers. BRUSSELS TAKES ISSUE WITH WINDOWS 8 Microsoft may have failed to comply with a 2009 European Union order to offer users a choice of rival web browsers. GOLDMAN PAY RATIO RISES AS EARNING SLUMP Goldman Sachs is on track to report its worst earnings year since before the financial crisis after a slump in trading activity. M&S BANK TO CHARGE FOR ALL CURRENT ACCOUNTS Marks and Spencer plans to charge all customers a monthly fee for banking services when it launches later this year. YAHOO'S NEW CHIEF DEFLECTS CONCERNS Yahoo Inc's surprise appointment of Google Inc veteran Marissa Mayer as its new chief executive as deflected concerns over the brand. GUARDIAN REPORTS 44 MILLION POUND LOSS Guardian News & Media, the publisher of the Guardian and the Observer, reported an operating loss of 44.2 million pound ($68.82 million) for 2011. CREDIT AGRICOLE POISED TO SELL CHEUVREUX France's Credit Agricole is planning to spin off its Cheuvreux securities business to independent brokerage Kepler. Link this Share this Digg this Email Reprints

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions