George Osborne

• EU to Consider Caps on Banker Bonuses

  By Marlene Y. Satter, AdvisorOne  |  November 12, 2012

  Britain’s Finance Minister George Osborne, who has been outspoken in his efforts to preserve the London’s financial primacy in Europe, is expected to oppose the measure and has already said he would fight any bonus caps proposed by Brussels.

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  China Construction Considering Dim Sum Bond Issue

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

  The second largest bank in China is considering using London as the venue for an issue of yuan-denominated bonds for offshore sale.

• British Bankers Group Out, Regulator In on LIBOR Supervision

  By Marlene Y. Satter, AdvisorOne  |  September 28, 2012

  In addition, more than 100 LIBOR rates bound to maturities and currencies that lack sufficient trading data to allow for proper determination will be done away with.

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  Banks Looking for ‘Scientific’ LIBOR Method

  By Marlene Y. Satter, AdvisorOne  |  August 10, 2012

  They are trying to limit their liability even as London-based Barclays, hit with a record fine over its role in LIBOR manipulation, named a new chairman to replace the one felled by the scandal.

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  Probe of Libor Scandal Set by British Parliament

  By Marlene Y. Satter, AdvisorOne  |  July 6, 2012

  An investigation into the rigging of Libor has been set by the British Parliament as the City of London worries that its reputation as the world’s top financial center has been damaged beyond repair.

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  Spain Auction Beats Target

  By Marlene Y. Satter, AdvisorOne  |  June 7, 2012

  Although yields were at a high not seen since November, Spain exceeded its target at a Thursday bond sale, easing fears that financial markets were closed to the country.

• 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, AdvisorOne  |  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.