George Osborne

• Osborne Challenges Bank Capital Rules

  By Marlene Y. Satter, AdvisorOne  |  May 3, 2012

  In the wake of a failure to reach agreement on proposed bank capital rules at a meeting of E.U. finance ministers that ended early Thursday morning, George Osborne, the British chancellor of the Exchecquer, was outspoken in his criticism of other ministers’ efforts to reach agreement.

• Goldman’s O’Neill Considered for Top Slot at BOE

  By Marlene Y. Satter, AdvisorOne  |  April 30, 2012

  A second Goldman Sachs candidate has entered the running to replace Bank of England Governor Mervyn King when he steps down in June 2013.

• Businesses Protest Proposed Indian Tax Plan

  By Marlene Y. Satter, AdvisorOne  |  April 2, 2012

  A letter sent by seven overseas business groups that represent some 250,000 companies warned Prime Minister Manmohan Singh of India that a proposed taxation plan being considered by the Indian government is causing those companies to reconsider their presence in India.

• Moody's Downgrades British Banks

  By Marlene Y. Satter  |  October 7, 2011

  Moody's on Friday downgraded a dozen U.K. banks, including Lloyds TSB Bank, a unit of Lloyds Banking Group, and Royal Bank of Scotland, saying that there was increasing likelihood that smaller banks would be allowed to fail if troubles worsened.

• Bank of England Boosts QE

  By Marlene Y. Satter  |  October 6, 2011

  For the first time in nearly two years, the Bank of England increased its bond-buying program on Thursday, boosting the ceiling to 275 billion pounds ($421 billion) from 200 billion pounds as it said that slow growth worldwide and European unrest 'threaten the U.K. recovery.'

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  Moody’s Says Britain’s Rating Could Feel Impact of Slower Growth, Deficit

  By Marlene Y. Satter  |  March 24, 2011

  Britain unveiled its 2011 budget on Wednesday, showing slower growth and higher inflation, both of which would affect its efforts to rein in debt. On Thursday, Moody’s Investors Service said that the nation’s AAA sovereign debt rating and its stable outlook as well could be in jeopardy.

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  British GDP in Q4 Takes Unexpected Drop of 0.5%

  By Marlene Y. Satter  |  January 25, 2011

  Finance minister blames unusually bad weather, defends austerity plan.

• Tighter Rules for Foreign Hedge Funds Advance in Europe

  By Staff Writer  |  May 18, 2010

  By James Kanter (C) The New York Times 2010 BRUSSELS -- European Union finance ministers approved a draft law on Tuesday, May 18, that would make it...