But behind the scenes lies a tacit agreement that the largest member states with the most resources take the lead. Three of those states are in a category of their own: France, Germany, and the United Kingdom.
It will be interesting to see whether Barclays Bank publishes details of Mr Diamond’s termination package, of which all but £30,000 seems likely to be taxable at 50%.
Hopes and fears about the future of the eurozone continue to dominate investor sentiment and drive large swings in markets. While the sense of crisis may ease following the EU summit at the end of June, there are still lots of details to be worked through
Speaking to The Sunday Telegraph, Martin Wheatley, head of financial conduct at the Financial Services Authority (FSA), said Britain has been left with a “big problem” as a result of what he described as the “back book legacy” of t