Swiss bank UBS has hired the UK's former European Commissioner, Jonathan Hill, to advise corporate customers about Brexit, it was revealed on Tuesday (29 May), prompting 'revolving door' concerns once again.
EXCLUSIVE / MEPs have responded to the recent conflicts of interest concerning members of the Barroso Commission by freezing part of the allowance granted to former Commissioners at the end of their mandate. EURACTIV France reports.
A year ago, Jonathan Hill launched the European Commission’s Action Plan for a Capital Markets Union. Progress has been limited, and responsibility rests with the member states. Michael Collins asks if their appetite is strong enough for the reforms needed.
Britain’s outgoing Commissioner Jonathan Hill has said he resigned as a matter of principle after the UK’s vote to leave the European Union because the public feel that politicians do not take enough account of their opinions.
The British ambassador to France, Sir Julian King, will take over as the UK's European Commissioner after the resignation of Jonathan Hill. It is not yet known which, if any, portfolio the diplomat will be given. EURACTIV France reports.
Prime Minister David Cameron has suggested naming Britain's Ambassador to France, Julian King, as its new member on the European Commission, EU sources said yesterday (5 July), but faces resistance from EU lawmakers.
The man tipped to become Britain's next EU Commissioner in Brussels, replacing Johnathan Hill, spoke to EURACTIV.fr in an exclusive interview before the UK's referendum on EU membership. This is a translated version of the interview, originally given in French.
After a raucous post-Brexit weekend, one assumes that the prime minister will make an apologetic statement to the House of Commons. Then, as bags are packed at Number 10, David will make his last appearance at the Council, writes Andrew Duff.
New European Union rules to force multinational companies to publish their tax bills were criticised on Tuesday (12 April) by campaigners for being too weak to stop tax-dodging corporations hiding their profits.
Bank deposits within the EU up to 100,000 euros, no matter which bank or country they are in, should be guaranteed by 2024 by a European fund, the European Commission proposed on Tuesday (24 November).
Financial transactions using shares, or other assets, to secure credit, will come under greater scrutiny after the European Parliament approved a new law on Thursday (29 October) on the 'shadow banking' sector.
The European Commission’s plan for a Capital Market Union (CMU), brought the false promise of growth by supporting small and medium-sized businesses. In reality, it serves the interests of big investment banks, write a coalition of NGOs.
Is securitization a safe financial product? Finance Commissioner Hill argued that the European record on securitization after the crisis has been “much stronger and much better” than in the US, and that the Capital Markets Union will follow the advice given by the ECB and the Bank of England, “highly conservative and regulation-minded institutions”. The EU has a good basis to work from, he told reporters on Wednesday (30 September).
The European Commission unveiled on Wednesday (30 September) its strategy to strengthen capital markets in Europe, and thus reduce the “very high dependence on bank funding", as President, Jean-Claude Juncker put it, when he took office last year.
Days before the European Commission presents its long-awaited proposal to reduce the “very high” dependence on bank funding from European businesses, the executive appeared to have softened its tone towards the banking sector.
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