"Benn Steil" is an economist and writer. He was educated at Nuffield College, Oxford and at the Wharton School of the University of Pennsylvania. Steil is the senior fellow and director of international economics at the Council on Foreign Relations. He is the founder and editor of the journal International Finance. He has been awarded the Hayek Prize and the Spear's Book Award.

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I think whatever feelings they may have about the situation, each regulator is going to apply its own rules.

249

Pressure will start coming again from the industry when it becomes clear that it could cut their regulatory compliance costs by having to deal with fewer regulators.

245

The purchase is certainly no bargain. That would suggest, to the extent they have ambitions for a significant merger, they are concentrating on the London Stock Exchange.

243

It's one significant step, but there are still a lot of hurdles to overcome.

216

He made some mistakes on the growth side.

134

The more securities you can get on a single platform, the more money you make.

131

It's the U.S. securities market's way to get back business we've lost.

83

The prospect of a trans-Atlantic exchange is no longer just talk.

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