Have policymakers done enough to prevent the next crisis?

It's been more than a decade since the start of the worst financial crisis since since Great Depression. And while measures to strengthen the global financial system have undoubtedly paid off, one question haunts policymakers: ...

Mobilising the social sciences to rethink finance

Ten years have passed since the collapse of Lehman Brothers: this unprecedented event remains today a topic of the greatest concern. Indeed, regulation theory teaches us that the major financial crises – those of 1929 and ...

China looks to stamp out cryptocurrency trading

China plans to stamp out all remaining cryptocurrency trading in the country by blocking access to overseas-based websites and removing related applications from app stores.

When shareholders exacerbate their own banks' crisis

Banks are increasingly issuing 'CoCo' bonds to boost the levels of equity they hold. In a crisis situation, bondholders are forced to convert these bonds into a bank's equity. To date, such bonds have been regarded only as ...

Sun cutting up to 3,000 jobs as awaits Oracle deal

(AP) -- Sun Microsystems Inc. plans to eliminate up to 3,000 jobs, or 10 percent of its worldwide work force, as it awaits a takeover by Oracle Corp., a deal being held up by antitrust regulators in Europe.

The best of both worlds for economic predictions

Danish physicist Neils Bohr once quipped that prediction is hard, especially when it is about the future. But this is precisely what financial regulators need to do—forecasting the likely state of the economy in the future ...

Computer Sciences paying $190M to settle SEC fraud charges

Computer Sciences Corp. is paying a $190 million penalty and a former CEO is returning $3.7 million in compensation to resolve federal regulators' charges of accounting fraud involving an important foreign contract.

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