As if Italy and Brexit weren’t challenging enough, the European Union will soon have to deal once more with Greece and its debts. The country is due to leave its third economic adjustment program this summer. After nearly a decade of support from its euro-zone partners and the International Monetary Fund, Greece and its creditors are hoping that it will ...

Britain’s Financial Conduct Authority (FCA) is reviewing how the finance industry is implementing Europe Union rules on how research gets paid for. It’s evidence that even with Brexit looming, the UK regulator will seek to maintain the highest governance standards. But that hardline stance risks leaving a blot on FCA Chief Executive Officer Andrew Bailey’s resume if he applies for ...

The Swiss-based Bank for International Settlements – often described as “the bank for central banks” – likes order, technocracy and not rocking the boat. Given Bitcoin’s tumbling price and evaporating trading volumes, its 24-page report on the digital currency was always going to be withering. But amid all the righteous indignation, there was something missing: What exactly does BIS suggest ...