Financial Regulatory Forum

EU finance chiefs to discuss bank levy this week

   By John O’Donnell
   BRUSSELS, April 13 (Reuters) – European finance ministers will attempt to settle differences over how best to impose extra taxes on banks at a meeting in Madrid this week, sources familiar with the talks said. (more…)

G20 aims at bank pay and capital; stimulus to stay

By Sumeet Desai and Louise Egan

LONDON (Reuters) – G20 finance leaders on Saturday took aim at excessive bank pay and risk-taking at the root of the financial crisis and insisted trillions of dollars of emergency economic supports would be needed for some time.

Although the global economy looks brighter than when the Group of 20 finance ministers and central bankers met in April, their closing statement said they would not remove economic stimulus until the recovery was well entrenched.

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G20 to keep stimulus, seek coordinated exit strategies

By Anna Willard
BRUSSELS, Sept 2 (Reuters) – G20 countries have agreed it is too soon to withdraw measures to end the global economic crisis and will discuss coordinating policy to wind up the trillions of dollars in support at talks in London this week.

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EU ministers pledge to end banker bonus party

Sweden's Finance Minister Anders Borg addresses a news conference during an European Union finance ministers meeting in Brussels September 2, 2009.     REUTERS/Francois Lenoir By Anna Willard
BRUSSELS, Sept 2 (Reuters) – European finance ministers pledged on Wednesday to clamp down on banker bonuses, raising the prospect of spreading such payouts over years or demanding back money if business turns sour.

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German minister urges G20 to soon reduce use of stimulus measures

German Finance Minister Peer Steinbrueck arrives to the weekly cabinet meeting in Berlin, August 5, 2009.  BERLIN, Aug. 31 (Reuters) German Finance Minister Peer Steinbrueck urged colleagues from other G20 nations as soon as possible to start reducing fiscal measures used to tackle the global financial crisis.

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