Financial Regulatory Forum

ANALYSIS-Europe’s banks loath to jettison cash ballast for returns

By Reuters Staff
August 13, 2010

By Steve Slater

LONDON, Aug 13 (Reuters) – Some of Europe’s banks are faced with the unusual problem of holding too much cash as they try to lift sluggish returns, and few will dare to eat into capital until well into 2011 amid an uncertain regulatory outlook.

PREVIEW-Final act begins in U.S. Congress on Wall St reform

By Reuters Staff
June 7, 2010

By Kevin Drawbaugh

WASHINGTON, June 7 (Reuters) – Negotiators from the U.S. Senate and House will begin meeting this week to craft a final Wall Street reform bill, with banks facing changes that threaten their profits, if not their business models.

ANALYSIS-Markets fret, but chance of big bank crash slim

May 28, 2010

By Steve Slater and Alex Chambers

LONDON, May 28 (Reuters) – This week’s market jitters that banks were heading back to the darkest days of 2008 look overdone because lenders have vastly improved their assets and central banks stand ready with abundant funding.

Euro rescue could help banks in regulatory battle

By Reuters Staff
May 10, 2010

By Lionel Laurent and Huw Jones

PARIS/LONDON, May 10 (Reuters) – A $1 trillion rescue package to stabilise the euro could bolster European banks’ negotiating power as they attempt to fight stricter regulatory capital requirements they expect will hurt economic growth.

PREVIEW-Reuters Summit-Banks face pressure to get dull

By Reuters Staff
April 26, 2010

By Kevin Drawbaugh

WASHINGTON, April 25 (Reuters) – If the U.S. Congress approves financial regulation reform — and that looks likely to happen soon — banking stands to become a duller business.

FACTBOX – How does the EU plan to shake up financial services?

By Reuters Staff
April 7, 2010

BRUSSELS, April 7 (Reuters) – The European Union (EU) is embarking on an overhaul of financial services that politicians hope will send bankers back to their roots of no-frills lending to households and business.

US Treasury delays first step in new capital rules

By Reuters Staff
January 20, 2010

By Karey Wutkowski

WASHINGTON, Jan 20 (Reuters) – The U.S. Treasury Department has missed the first deadline in its work to draft tougher capital standards, raising questions about the timeline of international efforts to ensure stronger bank balance sheets.

White House regulatory plan won’t name systemic risk financial firms

By Reuters Staff
October 27, 2009

WASHINGTON, Oct 27 (Reuters) – Financial firms that could pose a risk to the economy will not all be named at once under Obama administration plans to tighten bank and capital market regulations, a congressional aide said on Tuesday.

Bank of Canada raps finance industry, says G20 determined to reshape

October 26, 2009

Bank of Canada Governor Mark Carney speaks during a news conference upon the release of the Monetary Policy Report in Ottawa October 22, 2009.  (File Photo) REUTERS/Chris Wattie       (CANADA BUSINESS POLITICS)   MONTREAL, Oct 26 (Reuters) – Bank of Canada Governor Mark Carney delivered a blunt rebuke to the global financial industry on Monday, saying it had shown insensitivity over high compensation and calling on it to get on board with reforms.

U.S. won’t list systemically key firms – Geithner

September 23, 2009

U.S. Treasury Secretary Timothy Geithner finishes his testimony to Committee Chairman Representative Barney Frank (D-MA) (L, in monitor) and the House Financial Services Committee on Capitol Hill in Washington, March 26, 2009 (File photo) 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.
(more…)