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.
Electricite de France SA plans to make a new proposal to Constellation Energy Group, the US utility that spurned an earlier offer from the French energy giant and instead agreed to be bought by Warren Buffett's MidAmerican Energy Holdings Co., people familiar with the matter say.