Financial Regulatory Forum

Austrian watchdog orders Hypo to boost capital

hypo   VIENNA, Nov 19 (Reuters) – Austrian financial watchdog FMA has told German state bank BayernLB’s [BAYLB.UL] Hypo Group Alpe Adria unit that it must approve a capital injection at a Dec. 10 emergency shareholder meeting, FMA officials said late on Wednesday. (more…)

Banks, policymakers spar over new rules

   By Huw Jones and Eva Kuehnen
   LONDON/FRANKFURT, Nov 17 (Reuters) – Big banks stepped up warnings on Tuesday that tightening capital rules too soon could stall economic recovery, but policymakers said the bailed out sector cannot rely on taxpayers again in future. (more…)

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.

German SoFFin chair concern on credit crunch-paper

soffin   FRANKFURT, Oct 10 (Reuters) – The chair of Germany’s financial stabilisation fund SoFFin is concerned about a credit crunch for German companies as banks are forced to shore up their capital base to offset potential problem loans. (more…)

UK bank liquidity rules phased in over years

fsa_logo By Huw Jones
LONDON, Oct 5 (Reuters) – Britain’s financial watchdog said on Monday that banks will have several years to comply with tougher liquidity rules aimed at ensuring the sector can navigate sudden market storms without government help. (more…)

ANALYSIS-Japan banks to bear brunt of new capital rules in Asia

A woman walks past a Nomura Securities branch in Tokyo September 25, 2009. Japan's Nikkei stock average slid 2.6 percent on Friday, as financial shares were hit hard after Nomura Holdings said it plans to issue up to $5.6 billion in shares, raising concerns other banks could follow suit.  REUTERS/Toru Hanai (JAPAN BUSINESS)   By David Dolan
   TOKYO, Oct 2 (Reuters) – After raising $54 billion of equity this year to ride out the financial crisis, banks in Asia are likely to tap markets for billions more as the G20 moves towards tightening capital requirements for global lenders. (more…)

U.K. watchdog agrees to analyse impact of new bank rules

LONDON, Sept 30 (Reuters) – Britain’s financial regulator said on Wednesday it will sketch out how to determine if a bank poses risks to the broader system , and may require higher capital charges to contain risks.


ANALYST VIEWS: G20 ends reign of G7 in Pittsburgh

U.S. President Barack Obama leaves a news conference at the end of the G20 Summit in Pittsburgh, Pennsylvania September 25, 2009. REUTERS/Jim Young (UNITED STATES POLITICS BUSINESS) PITTSBURGH (Reuters) – Group of 20 leaders on Friday designated themselves as the new forum for steering the world economy, ending the long reign of the G7 as the preeminent committee for guiding global growth:

The G20 leaders said their representatives would report back to them at the next meeting “on how to maximize the effectiveness of our cooperation”, and agreed to have a G20 summit in Canada in June 2010 and in Korea in November.
Meetings thereafter will probably be held annually, and France will be the host in 2011.

Following is a selection of analyst reactions:


U.S. Fed reviewing bank commercial property exposure – source

A man walks down a staircase of an office building in Tokyo April 20, 2009. WASHINGTON, Sept 16 (Reuters) – The Federal Reserve is conducting a review of commercial real estate exposures at U.S. banks, a Fed source said on Wednesday.


ANALYSIS-Fatter capital rules mean lean times for big banks

By Kevin Drawbaugh

WASHINGTON, Sept 9 (Reuters) – Banking is supposed to be boring.

That’s the quip that lobbyists and congressional aides use, only half-jokingly, to explain what’s in store for the banking industry as governments crack down with tighter regulation.

From higher capital standards and tighter oversight, to slimmer profits and smaller bonuses, global banking promises to be a duller and less lucrative business in years ahead. (more…)