Financial Regulatory Forum

Major central banks, regulators working on exit strategy system – official

By Reuters Staff
September 15, 2009

PARIS, Sept 15 (Reuters) – Central bankers are working on a system to ensure they coordinate exit strategies to avoid any untoward consequences of removing stimulus at different times, a Financial Stability Board official said on Tuesday.

Banks eye clock on tougher capital rules, may face pressure to act soon

By Reuters Staff
September 8, 2009

Governor of the Bank of Italy Mario Draghi, who also chairs the international Financial Stability Board, speaks during the International Organisation of Securities Commissions (IOSCO) annual meeting in Tel Aviv June 10, 2009. REUTERS/Gil Cohen Magen By Huw Jones and Steve Slater
LONDON, Sept 8 (Reuters) – Banks face pressure to raise billions of dollars in fresh equity to meet tough new capital rules and many European lenders may need to act soon to improve quality even though the proposals will not be fully felt for several years.
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G20 aims at bank pay and capital; stimulus to stay

By Reuters Staff
September 5, 2009

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.

G20 to stick with stimulus, little move on bank pay

By Reuters Staff
September 5, 2009

By Glenn Somerville and Toni Vorobyova

LONDON (Reuters) – G20 finance leaders pledged on Saturday to keep economic life-support packages in place until a recovery is firmly secured, but reached no deal on putting limits on bankers’ pay.