New stimulus plan unveiled to help fading recovery
Goal is to ensure efficient management of risks and sound governance arrangements
Banks are developing new securities to bolster capital and reduce risk of bailouts
Contact data stolen in website security breach
Portuguese bank’s liquidity is under pressure
New rules aim to expand framework to prevent market abuse to new products, trading venues, and trading strategies
Moody’s, DBRS lower ratings on Banco Espirito Santo
Report aims to ensure a harmonized approach to handling complaints across all financial sectors within the EU
Measures signal policy options
Economists suggest that the bank may have more to do