BERLIN, Jan 19 (Reuters) – The German government is preparing new measures for the rescue of “systemically relevant” banks should they land in trouble, Finance Minister Wolfgang Schaeuble said on Tuesday.
Financial Regulatory Forum
By Brian Love, European Economics Correspondent
PARIS, Dec 11 (Reuters) – Reassuring noises from France and Germany suggest Greece can ultimately count on help from its euro zone partners if its debt problems get out of hand — though its partners were content to see financial markets scare Athens for a while.
By Steve Slater
LONDON, Dec 11 (Reuters) – Banks are likely to swallow the bulk of the cost of a shock UK tax on bonuses unveiled this week, rather than pass it on to staff or find loopholes, as more countries join the clampdown on payouts, industry experts and sources said.
By Philipp Halstrick and Edward Taylor
FRANKFURT, Dec 10 (Reuters) – Germany’s largest financial companies have agreed to enforce the Group of 20 recommendations on bonus rules in 2009, a year before they must, people familiar with the matter said on Thursday.
By Madeline Chambers
BERLIN, Oct 26 (Reuters) – German Chancellor Angela Merkel defended on Monday her plans to pursue billions of euros in tax relief in the face of rising debt, saying the tough savings course favoured by her critics would damage a fragile recovery.
FRANKFURT, Oct 10 (Reuters) – The chair of Germany’s financial stabilisation fund SoFFin is concerned about a credit crunch for German companies as banks are forced to shore up their capital base to offset potential problem loans. (more…)
By Matthias Sobolewski
BERLIN, Oct 8 (Reuters) – Chancellor Angela Merkel’s conservatives and their Free Democrat allies have agreed the basics of an overhaul of Germany’s banking supervision framework, participants in coalition talks said on Thursday.
By Jonathan Gould and Matthias Inverardi
FRANKFURT/DUESSELDORF, Oct 7 (Reuters) – Germany’s WestLB will jettison at least 87 billion euros ($128 billion) in risky assets to the country’s first “bad bank”, a move other lenders are likely to follow.
HAMBURG, Germany, Oct 7 (Reuters) – The financial sector faces big challenges even after governments intervened massively to prop up tottering banks, the head of Germany’s nearly 500 billion euro ($735 billion) bank rescue fund Soffin warned. (more…)
FRANKFURT, Sept 24 (Reuters) – Regulators mulling changes to bank capital buffers should keep the big picture in mind and not change any rules until the crisis is resolved, Germany’s Bundesbank warned on Thursday.
Bundesbank Vice-President Franz-Christoph Zeitler said regulators had to keep the impact of the long list of proposed bank reforms in mind. (more…)