Laura Noonan

Murray Roos bets he can persuade farmers to move from livestock auctions to his online trading platform, LiveStockEx.

(Bloomberg) -- Private equity's advance into the insurance sector exacerbates the risk of “fire sales” that disrupt the functioning of financial markets, the Bank of England warned.

(Bloomberg) -- Non-banks are often not able to predict how their counterparties, investors and markets will behave in times of stress, the Bank of England said on Friday, warning the sprawling sector risked being “underprepared” in times of crisis.

(Bloomberg) -- The Bank of England warned that hedge funds, asset managers and pension providers could be “underprepared” in times of crisis, using the results of its review to push for international efforts to handle the growing risks in non-banking.

(Bloomberg) -- Murray Roos was until earlier this year central to an effort to revolutionize the world's capital markets via the London Stock Exchange's nascent digital assets platform. Now, the 48-year-old former trader is using technology to take on even more entrenched market — the UK's centuries old livestock auctions.

The Bank of England warned that hedge funds, asset managers and pension providers could be “underprepared” in times of crisis, using the results of its review to push for international efforts to handle the growing risks in non-banking.

Private equity’s advance into the insurance sector exacerbates the risk of “fire sales” that disrupt the functioning of financial markets, the Bank of England warned.

The European Central Bank is set to crack down on lenders that are slow to deal with fixes the supervisor demands of them, after growing frustrated with a perceived lack of responsiveness.

Die Europäische Zentralbank wird künftig härter gegen Banken vorgehen, die sich nur langsam um die von der Aufsicht geforderten Korrekturen kümmern. Die Aufsichtsbehörde ist zunehmend frustriert über die mangelnde Reaktion der Kreditinstitute.