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US faces ‘mad dash’ to adjust to MiFID with two months to go

Bloomberg For thousands of brokers, traders and money managers based in the US, time is running out. A shock wave is about to emanate from Brussels, the capital of the 28-nation European Union. That may as well be the dark side of the moon for some toiling away at financial firms in the US A sweeping set of financial regulations ...

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United Continental wants to acquire used Airbus jetliners

Bloomberg United Continental Holdings Inc. wants to acquire as many as 40 used Airbus SE jets, seeking a thrifty way to bolster short-distance service as the airline struggles to get costs under control. The carrier is looking at A319 and A320 single-aisle aircraft, the Chicago chapter of the United pilots union said in a memo to its members. A deal ...

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Airbus faces US front in widening probe over deal payments

Bloomberg Airbus SE alerted US authorities to potential regulatory breaches, opening a new flank in the group’s efforts to resolve a series of probes into the use of payments and middlemen to win new business. Toulouse, France-based Airbus took the step after an internal review revealed “inaccuracies” in applications for defense-export licenses, it said. The development adds to existing investigations ...

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