Monthly Archives: February 2013

EU sets Caps on bankers compensation

Good morning, The FT reports that bankers’ bonuses are to be capped at two times bankers’ salaries for employees of EU banks and bankers working in the EU. Perhaps we may see some non-EU banks’ move some businesses from London … Continue reading

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The other Italian shoe has dropped: the rape of Endesa minorities is underway

Good morning, Endesa reported net income of 2,034m for 2012 today and the suppression of the dividend.  This coupled with the re-organization of management and of the Latam Assets suggests a soon to be announced merger with Enel.  As is … Continue reading

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