Europe’s maze of bank regulation needs to be simplified
There are three reforms that could reduce complexity while preserving resilience
Economic news
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ANZ fined record $160mn over bond trading and customer account issues
Bank ‘time and again . . . betrayed the trust of Australians’, says regulator
US companies put brakes on hiring after Trump’s tariffs hit
Industries most exposed to rising costs caused by trade wars launch wave of job cuts
The west is buried under red tape
A regulatory ratchet is smothering business, households and government
French companies’ borrowing costs fall below government’s as debt fears intensify
Lower yields for groups including L’Oréal, Airbus and Axa upend typical order and signal Paris’s loss of ‘risk-free’ status
Tony’s Chocolonely boss says investing in farmers is good for business
Chief executive of Dutch chocolate maker believes chasing market share through low prices is counter-productive