European Central Bank (ECB) president Mario Draghi will push the bank to buy junk-rated Greek and Cypriot bank loans, it has emerged.
The ECB's executive board is set to propose that rules on the quality of assets accepted by the bank should be weakened to permit it to buy repackaged debt or top tranches of Greek and Cypriot asset-backed...
PwC, KPMG, EY and Deloitte must break up their consultancy and audit businesses into distinct firms to provide greater focus on the "most challenging and objective audits", the competition watchdog has said.
The Department for Work and Pensions (DWP) has released its first batch of guidance setting out how the guaranteed minimum pension (GMP) conversion legislation may be used to resolve unequal payments.
This week's top stories include the government spending £800,000 on a Gogglebox advert and MPs writing to The Pensions Regulator about its engagement with the Railways Pension Scheme.