By Jonathan Gould
FRANKFURT, Nov 18 (Reuters) – Three new pan European Union financial watchdogs being set up next year are expected to have limited powers when it comes to individual markets and companies, officials said.
New EU finance watchdogs seen muzzled on companies
U.S. FDIC to propose banks prepay 3 years of fees – source
By Karey Wutkowski
WASHINGTON (Reuters) – U.S. bank regulators are expected to propose Tuesday that banks prepay three years of regular assessments to replenish the dwindling deposit insurance fund, according to a source familiar with the matter.
U.S. won’t list systemically key firms – Geithner
WASHINGTON, Sept 22 (Reuters) – U.S. Treasury Secretary Timothy Geithner said in testimony prepared for delivery on Wednesday that the United States would not identify in advance financial firms that it views as systemically important.
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SCENARIOS-US weighs how to rebuild depleted bank insurance fund
By Karey Wutkowski
WASHINGTON, Sept 22 (Reuters) – U.S. bank regulators plan to meet next week to propose options for replenishing the insurance fund used to safeguard bank deposits, including tapping a line of credit with the Treasury Department.
US bank regulators eye options to end debt guarantee
By Karey Wutkowski
WASHINGTON, Sept 9 (Reuters) – U.S. regulators on Wednesday proposed two alternatives to phase out a government program that guarantees certain debt issued by banks.
The Federal Deposit Insurance Corp voted to put out for public comment one approach that would have the program expire on Oct. 31, as planned. It also proposed to have the program expire on that date but to establish a limited six-month emergency guarantee program that would be available to institutions suffering from market disruptions beyond their control.
U.S. FDIC eases rules on private-equity investments in troubled banks
WASHINGTON, Aug 26 (Reuters) – U.S. banking regulators voted on Wednesday to ease rules applying to private investments in troubled banks.
The board of the Federal Deposit Insurance Corp voted 4-1 to change previous proposals that some regulators and potential investors said had threatened to scare away much-needed capital from the banking industry.
U.S. bank regulators dig in against Obama shake-up
WASHINGTON, Aug 4 (Reuters) – Disagreement within the Obama administration over reshaping U.S. financial regulation flared on Tuesday, with top bank regulators defending their turf against key parts of a broad bank supervision overhaul plan. (more…)
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