New Basel regulations due to take effect in 2019 will create need for 2,000 staff. Some of the world’s biggest banks are set to spend more than $200m each to implement new regulations that will dramatically increase capital demands for some parts of their trading businesses. Source: FT
GEFIRA provides in-depth and comprehensive analysis of and valuable insight into current events that investors, financial planners and politicians need to know to anticipate the world of tomorrow; it is intended for professional and non-professional readers.
Yearly subscription: 10 issues for 225€
The Gefira bulletin is available in ENGLISH, GERMAN and SPANISH.
Leader of the VVD Halbe Zijlstra expects the euro no longer exist in a few years. He would at least have told opinion maker Jort Kelder and journalist Arno Wellens. Zijlstra itself can remember little of the conversation. Source RTL
Ambassador says Italian parliament’s investigations into NGOs is ‘a routine exercise carried by two parliamentary committees’ and that there’s no ‘hidden agenda’ Source Malta Today
The North Atlantic Treaty Organization plans to open the way next month for businesses to bid for about 3 billion euros ($3.2 billion) in orders for satellite communications, air and missile defenses, cyber security and advanced software.Source Bloomberg