European Union internal markets commissioner Michel Barnier has spearheaded a raft of measures since 2009, much to the annoyance of some in the financial services and banking industry. Photograph: Reuters/Francois Lenoir

Almost three years since the European Commission published its plan for revisions to the Markets in Financial Instruments Directive (Mifid) fol(...)

European Union politicians will consider toughening up the region’s cap on bankers’ bonuses after lenders have begun softening its impact by awardi(...)

MEP Sharon Bowles: backed the State’s claim for retrospective euro zone compensation.

The chairwoman of a powerful European Parliament committee has backed the State’s claim for retrospective euro zone compensation for the bank bailout.(...)

European Parliament economic and monetary affairs committee chairwoman Sharon Bowles says the EU/ECB/IMF troika ‘lacks transparency and at times credibility’.  Photograph: Davd Sleator

This week the European Parliament, often dismissed as the weak younger sibling in the European Union family, took momentary control of the debate on t(...)

Minister for Finance Michael Noonan: says Ireland will continue to explore ways to cut legacy bank debt. Photograph: PA Photo

Minister for Finance Michael Noonan is expected to enlist the support of the European Parliament for Ireland’s campaign for debt relief on its legacy (...)

Daniele Nouy has worked at the Bank of France since 1974, was elected in 2006 as president of the Committee of European Banking Supervisors -- the predecessor of the European Banking Authority -- and is currently the secretary-general of the French Prudential Control Supervisory Authority. Photographer: Mark H. Milstein/ Bloomberg News.

Last-minute resumes sent to Mario Draghi for the European Central Bank’s new financial supervisor job are unlikely to feature many men. Ten months aft(...)

EU taxation commissioner Algirdas Semeta has said EU member states should “all work in the same direction” to tackle the issue of tax evasion. Photograph: AFP/Getty Images

EU member states should “all work in the same direction” to tackle the issue of tax evasion, EU Commissioner for Taxation Algirdas Semeta has said, fo(...)

 Barclays Plc company’s headquarters in the Canary Wharf, London. US authorities could demand unrestricted access to internal messages and trading books at Barclays in London, Deutsche Bank in Frankfurt and Société Générale in Paris.

US regulators are demanding the right to probe books, records and emails at the headquarters of Europe’s biggest financial groups, prompting deep EU u(...)