The decision to extend Maijoor’s and Ross’s contracts was based on an evaluation of their work and the organization’s ongoing needs
The increase is due to recent market volatility
Financial firms need to step up efforts, regulators say
Confidence wavering in the face of volatile financial markets
Profits in the European banking sector are now at their highest level since 2007 while revenue is growing and loan losses are falling
European regulator is targeting three key objectives as part of its shift: investor protection, ensuring market integrity and financial stability
Trading firms can connect to European stock market and LSE’s derivatives market
Inconsistencies make meaningful comparison of ratios across banks and countries difficult
Recovery remains weak
Concerns include volatile asset prices, poor industry conduct, and cyber-attacks: Joint Committee of ESAs