Published on September 28, 2012 by Pat Dulnier at BankCreditNews (BCN) A U.S. district judge’s ruling in the Kramer v. Trans-Lux case on Tuesday may expand whistleblower protections under the 2010 Dodd-Frank Act. Kramer filed a whistleblower suit against Trans-Lux Corporation following his termination after the company’s board of directors and the Securities and Exchange Commission were notified that his supervisors were violating pension plan rules, costing taxpayers millions of dollars. Judge Stefan R. Underhill ruled earlier this week that part of...

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2012 marks the twentieth year of the European Single Market. With 500 million consumers, 21 million companies, and billions of dollars in intra-EU and global trade, the European Single Market has the largest GDP of any economy in the world. Learn more

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EU High Representative for Foreign Affairs and Security Policy Catherine Ashton last week called for the protection of an open, free and independent internet. Her speech in Budapest coincided with a major EU-wide cyber security exercise. Speech by High Representative Ashton on Cyber Security Cyber Europe 2012

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The US Representative office of the German Central Bank provided us with a speech by Dr Andreas Dombret, Member of the Executive Board of the Deutsche Bundesbank: "Business models and the banking sector seen in terms of financial stability" The presentation was delivered at the 16th Banking Symposium of the European Center for Financial Services “Profile and profitability – Are banks’ business models in transition?” Note: In his speech, Mr. Dombret outlines how banks’ business models shifted away from traditional commercial banking...

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"In the midst of the deepest crisis in its short history, the European Union is still alive and better than many seem to think," European Commission President José Manuel Barroso told his audience at Princeton University today. "The reality is that we have enjoyed peace and stability for over 60 years and we are not only one of the most prosperous regions in the world, but with some of the highest levels of social justice," he said. President Barroso pointed out...

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