Financial Regulatory Forum

ANALYSIS-Financial reform to give Obama limited lift at G20

By Reuters Staff
June 25, 2010

By Caren Bohan

WASHINGTON, June 25 (Reuters) – The win President Barack Obama racked up on U.S. financial regulation reform on Friday will give him a boost at this weekend’s Group of 20 summit in Toronto but probably only a limited one.

ANALYST VIEWS: G20 ends reign of G7 in Pittsburgh

By Reuters Staff
September 26, 2009

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:

HIGHLIGHTS-Officials’ comments at end of G20 summit

By Reuters Staff
September 26, 2009

U.S. President Barack Obama (R) and White House trip director Marvin Nicholson arrive at the Phipps Conservatory for an opening reception and working dinner for heads of delegation at the Pittsburgh G20 Summit in Pittsburgh, Pennsylvania September 24, 2009. REUTERS/Philippe Wojazer (UNITED STATES POLITICS BUSINESS) PITTSBURGH, Sept 25 (Reuters) – Following are excerpts of comments by leaders and other officials from the Group of 20 on Friday at the end of their two-day meeting in Pittsburgh. (more…)

G20 upbeat on economy, pledges financial reforms

September 25, 2009

The leaders of the Pittsburgh G20 Summit sit around the summit meeting table in the midst of the second plenary session of the summit in the Pittsburgh Convention Center in Pittsburgh, Pennsylvania, September 25, 2009. REUTERS/Jim Bourg (UNITED STATES POLITICS BUSINESS) By Sumeet Desai and Chris Buckley

PITTSBURGH (Reuters) – The Group of 20 rich and developing nations declared their crisis-fighting efforts a success on Friday and promised to give rising powers such as China more say in rebuilding and guiding the global economy.

G20 to task IMF to probe “Tobin tax” on financial transactions -G20 source

By Reuters Staff
September 25, 2009

Economist James Tobin, who conceived the idea of a global tax on financial transactions that now bears his name. PITTSBURGH, Sept 25 (Reuters) – G20 leaders have tasked the International Monetary Fund to investigate ways the financial markets could pay for the effects of the economic crisis, such as a tax on all international financial transactions, a G20 source said on Friday.

Swiss say to be removed from tax haven list

September 25, 2009

Swiss President and Finance Minister Hans-Rudolf Merz speaks to members of the National Council during the autumn parliament session in Bern September 22, 2009. REUTERS/Pascal Lauener (SWITZERLAND POLITICS) By Lisa Jucca and Sven Egenter
ZURICH, Sept 24 (Reuters) – Switzerland expects to be taken off the OECD’s list of tax havens after the country signed the required 12th tax deal on Thursday.

Support builds for rebalancing world economy, China may balk

By Reuters Staff
September 22, 2009

Analysts said the United States' drive to agree a roadmap for a more balanced global economy could meet resistance from China which is unlikely to agree reforms that would threaten its growth. WASHINGTON, Sept 22 (Reuters) – Support grew on Tuesday for a U.S. plan to build a more balanced global economy and leaders warned against returning to business as usual once recovery takes hold.

UK says “living wills” to drive bank restructurings

By Reuters Staff
September 18, 2009

British Financial Services Minister Paul Myners (file) By Huw Jones
LONDON, Sept 18 (Reuters) – Mandatory “living wills” for banks in Britain will spark major restructuring in the sector in the next few years, a UK minister said on Friday.

U.S. tyre duties fuel trade tension with China

By Reuters Staff
September 14, 2009

By Chris Buckley
BEIJING, Sept 14 (Reuters) – A U.S. decision to impose special duties on Chinese tyres could open the door to a host of trade complaints against Chinese products, creating tensions as Western nations seek Beijing’s support at a G20 meeting. (more…)

New ruling party focuses on Japan economic woes

By Reuters Staff
September 1, 2009

Democratic Party leader Yukio Hatoyama walks past his poster after speaking to reporters at the party headquarters in Tokyo September 1, 2009. Japan's Democratic Party, fresh from a landslide election victory, met the central bank governor and senior finance ministry bureaucrats on Tuesday as the transition to a new government stepped up a gear.   REUTERS/Toru Hanai (JAPAN POLITICS ELECTIONS) By Yoko Nishikawa and Hideyuki Sano
TOKYO, Sept 1 (Reuters) – Japan’s Democratic Party, fresh from a landslide election victory, discussed the country’s struggling economy with the central bank and finance ministry on Tuesday as the transition to a new government stepped up a gear.