LONDON, Sept 5 (Reuters) – Banks should hold more and better quality capital, the G20 said in a statement on regulation to be issued at the end of their meeting seen by Reuters. (more…)
Banks should hold more capital-G20 statement
G20 toughens bank capital standards-source
LONDON, Sept 5 (Reuters) – Group of 20 finance chiefs agreed on Saturday to back a U.S. plan for banks to hold more and higher quality capital, resolving differences over which set of rules to pursue going forward, a G20 source told Reuters. (more…)
China says may change draft on capital restrictions
SHANGHAI, Sept 5 (Reuters) – China’s banking regulator may change draft rules it has sent to institutions seeking feedback on changes to banks’ capital restrictions, said an official from the China Banking Regulatory Commission (CBRC) on Saturday. (more…)
Europe split over U.S. bank capital plans
By Anna Willard and Huw Jones
LONDON, Sept 4 (Reuters) – Continental European officials defended the globally-agreed Basel II capital rules for banks on Friday despite a U.S. call for its effective replacement with a tougher new regime within three years. (more…)
US Treasury proposes int’l capital accord for banks
By Karey Wutkowski
WASHINGTON, Sept 3 (Reuters) – The U.S. Treasury Department on Thursday proposed tough international standards on capital and liquidity at banks, saying new rules are needed to reduce the risk of another global financial crisis.
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Businesses demand easing of EU bank capital rules
BRUSSELS, Sept 3 (Reuters) – Leading German and Italian business groups urged the European Union on Thursday to relax capital requirements for banks temporarily to boost lending and fight the economic crisis. (more…)
China tells some banks to halt new business-report
BEIJING, Sept 3 (Reuters) – China’s banking regulator is refusing to allow banks with a capital adequacy ratio below 9 percent to start new lines of business or open new branches, a government researcher said in remarks published on Thursday.
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US bank regulator seen moving fast on private equity -sources
By Megan Davies
NEW YORK, Aug 3 (Reuters) – A U.S. bank regulator is expected to move quickly in finalizing guidelines on private equity investments in failed banks, possibly easing one of its most controversial proposals, sources said on Monday. (more…)
How the EU will force banks to save for rainy day
BRUSSELS, July 29 (Reuters) – The European Commission is consulting with the banking industry and others about more rules to make banks build up a buffer to ride market downturns.
Germany seeks to ease parts of Basel II capital rules
By Marcin Grajewski and Huw Jones
BRUSSELS/LONDON (Reuters) – Germany wants to relax global rules on capital charges to ease writedown pressures on banks holding toxic assets, an EU document showed on Wednesday.
European Union finance ministers meet next week and will be asked to endorse a report from their Economic and Financial Committee on how to stop rules amplifying market turmoil. (more…)




