Financial Regulatory Forum

Obama to target excessive financial risk-taking

By Reuters Staff
January 21, 2010

By Alister Bull and Karey Wutkowski

WASHINGTON, Jan 20 (Reuters) – President Barack Obama, reeling from an election defeat in the U.S. Senate, will propose stricter limits on financial risk-taking on Thursday in a move that may recall Depression-era curbs on banks.

Swiss central banker backs universal bank model – paper

By Reuters Staff
January 18, 2010

Jan 16 (Reuters) – Switzerland’s two big banks — UBS and Credit Suisse — should not be forced to split their wealth management and commercial banking operations into separate entities, the new head of the country’s central bank said on Saturday.

U.S. Fed’s Hoenig backs bank break-ups where needed

By Reuters Staff
January 5, 2010

By Mark Felsenthal

ATLANTA, Jan 5 (Reuters) – A top U.S. Federal Reserve official on Tuesday backed stripping banks of risky operations, suggesting growing support for breaking up large firms to prevent excesses that could undermine financial stability.