Law and business: commercial news round-up 20.09.13
updated on 20 September 2013
Week two of the digest - again, we've collected together some of the key commercial stories that you should know about. Read on to find out what’s been preoccupying legal and business minds this week:
- Can a bra be anti-competitive? It can when three leading retailers agree to charge the same amount for it.
- How a whale came to cost US financial giant JP Morgan $920 million in fines (not to mention $6 billion in losses).
- The FT takes an in-depth look at how the markets are coping with new regulatory regimes, trying to "reduce risk, while turning a profit".
- The government has sold a 6% share in Lloyd's Bank, raising £3.2 billion in the process.
- This week has seen lots of to-ing and fro-ing at the US Reserve Bank in relation to who will next be in charge. The BBC’s Stephanie Flanders sums up what's been going on.
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