The financial crisis has cast light on some very complex structures that are difficult to understand – and few more so than the board of directors of Citigroup.
Europe has made absurd demands on its supra-national regulatory bodies in the wake of the credit crisis and should create a single structure to manage financial oversight, according to a new report from the Centre for European Policy Studies.
Las Vegas-based Harrah’s Entertainment has extended the early tender date for its bond-swap deal after it got a lacklustre response from bondholders who were presented with the offer last month.