Financial Regulatory Forum

BoE’s Tucker-CoCos could transform bank landscape

Bank of England policymaker Paul Tucker   LONDON, Nov 16 (Reuters) – Contingent capital could provide a useful form of “catastrophe insurance” for the banking sector if adopted widely, Bank of England Deputy Governor Paul Tucker said on Monday.
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Reaction to BoE Governor King’s speech on banks

BRITAIN-BANK/    LONDON, Oct 21 (Reuters) – Bank of England Governor Mervyn King said a fundamental rethink of banking sector regulation was needed to prevent a recurrence of the financial crisis and floated the idea of splitting core aspects of banking from riskier speculative activities.  (more…)

BoE’s King sees signs growth starting to return

A video grab image shows Bank of England governor Mervyn King speaking to parliament's Treasury committee in London March 24, 2009. The euro hit a session low against a buoyant pound on Tuesday after King said he saw no reason why the pound should go any lower. The euro fell to a session low of 91.72 pence, 1.9 percent lower on the day. It was last at 91.83 pence. The pound was also 1.2 percent higher at $1.4743.  REUTERS/ Parbul TV via Reuters TV (BRITAIN BUSINESS POLITICS) FOR EDITORIAL USE ONLY. NOT FOR SALE FOR MARKETING OR ADVERTISING CAMPAIGNS    LONDON, Sept 24 (Reuters) – Britain’s economy is showing signs of recovery, but any improvement is likely to be small compared to the sharp drop in output caused by the global financial crisis, Bank of England Governor Mervyn King said in an interview published on Thursday. (more…)

BoE’s King may get EU watchdog role to win over UK

A video grab image shows Bank of England governor Mervyn King speaking to parliament's Treasury committee in London March 24, 2009. The euro hit a session low against a buoyant pound on Tuesday after King said he saw no reason why the pound should go any lower. The euro fell to a session low of 91.72 pence, 1.9 percent lower on the day. It was last at 91.83 pence. The pound was also 1.2 percent higher at $1.4743.  REUTERS/ Parbul TV via Reuters TV (BRITAIN BUSINESS POLITICS) FOR EDITORIAL USE ONLY. NOT FOR SALE FOR MARKETING OR ADVERTISING CAMPAIGNS   By John O’Donnell
   BRUSSELS, Sept 22 (Reuters) – Bank of England Governor Mervyn King could be given a prominent role in European Union super-watchdogs being set up to monitor banks and market risks to win British backing for the plan, diplomatic sources said. (more…)

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