The Securities and Exchange Commission's decision to investigate JPMorgan's hiring of so-called princelings only serves to add to the argument that regulators are being overzealous in their supervision of banks.
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Is China about to be knocked off balance?
August 19, 2013The unearthing of China's considerable off-balance-sheet liabilities casts a new light on the country's economic position, raising fears that its previously rapid development could stall.
How telling is Mark Carney's forward guidance?
August 12, 2013The Bank of England’s new governor, Mark Carney, has adopted a 'forward guidance' policy, but just how much stability does such a strategy really provide for the economy?