Guillaume Prache, 4 April 2013 The ECOFIN Council meeting held on 5 March 2013 widely endorsed the proposed bonuses cap provisions as contained in the upcoming Capital Requirements Directive (CRD IV). To cap bank bonuses at salaries level as the EU institutions decided does not address the real issue around the outrageous remuneration of many
Guillaume Prache, 11 November 2012 What is by far the biggest financial market in the world and also one of the most opaque, least regulated, least taxed, and extremely expensive for end users? You guessed it, the Currency Market. By far the biggest One quadrillion dollars (one followed by 15 zeros) in transactions per year: