PARIS, Sept 14 (Reuters) – Leaders of the Group of 20 nations will probably maintain stimulus policies for the moment as the crisis continues despite recent hopeful signs in some economies, IMF chief Dominique Strauss-Kahn said on Monday. (more…)
IMF’s Strauss-Kahn sees G20 keeping stimulus stance
Obama: G20 must lay groundwork for growth
Banks eye clock on tougher capital rules, may face pressure to act soon
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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Bankers defend bonuses as watchdogs close in
By Edward Taylor
FRANKFURT, Sept 8 (Reuters) – Top bankers defended their culture of bonuses on Tuesday against an onslaught of regulation that aims to put them on a tighter leash almost a year after Lehman Brothers collapsed. Executives from Credit Suisse Group AG, Morgan Stanley and Deutsche Bank AG said the global financial system needed reform but defended a bonus-driven system that critics say encouraged banks to take big risks.
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ANALYSIS-G20 papers over cracks on bank capital,pay
By Huw Jones
LONDON, Sept 5 (Reuters) – The G20 made progress on Saturday in toughening up financial rules but vague compromises over bank capital and pay curbs indicate that fundamental issues remain unresolved. (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.
Banks should hold more capital-G20 statement
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…)
G20 to stick with stimulus, little move on bank pay
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.
Finance ministers and central bankers meeting in London agreed fiscal and monetary policy would stay “expansionary” until recovery from the worst financial crisis since World War II was certain, a draft of their joint statement seen by Reuters showed.
G20 debates exit strategy, capital standards, IMF raises GDP outlook
By Sumeet Desai and Anna Willard
LONDON, Sept 4 (Reuters) – World finance leaders shifted their focus from crisis fighting to banking reform on Friday as evidence mounted that the worst global recession in decades was finally drawing to a close.
U.S. Treasury Secretary Timothy Geithner called for tougher new bank capital requirements aimed at curbing some of the risky lending practices that have been blamed for the crisis, a position supported by another global banking powerhouse, Britain.
INTERVIEW – UK’s Darling backs U.S. bank capital plan
By Sumeet Desai and Matt Falloon
LONDON, Sept 4 (Reuters) – British finance minister Alistair Darling on Friday threw his weight behind U.S. proposals to strengthen the capital buffers of banks but said there were still differences of opinion among international policymakers.



