Financial Regulatory Forum

UK’s Brown wants investigation into Goldman Sachs

April 18, 2010

   By Adrian Croft
   LONDON, April 18 (Reuters) – Prime Minister Gordon Brown said on Sunday he wanted Britain’s financial watchdog to investigate U.S. bank Goldman Sachs <GS.N> after it was charged with fraud by U.S. regulators. (more…)

BREAKINGVIEWS-EU’s favour to Brown gives hedge funds a reprieve

By Reuters Staff
March 17, 2010

– The author is a Reuters Breakingviews columnist. The opinions expressed are his own –

G7 wants banks to pay for rescue

By Reuters Staff
February 8, 2010
G7 on Ice

G7 on Ice

By Louise Egan and Gernot Heller

IQALUIT, Canada, Feb 6 (Reuters) – The idea of a global tax on banks to recapture bailout costs gained ground over the weekend, boosted by the Obama administration’s latest proposals, but there was no agreement on a specific design.

UK’s Brown sees growing support for bank levy

By Reuters Staff
January 25, 2010

By Keith Weir

LONDON, Jan 25 (Reuters) – British Prime Minister Gordon Brown said on Monday he saw growing support for some form of international levy on banks to fund support for the industry.

Britain’s financial reform faces carve-up threat

By Reuters Staff
November 18, 2009

Britain's Prime Minister Gordon Brown (L) and Leader of the opposition Conservative Party David Cameron walk through the Members' Lobby of the Houses of Parliament before the State Opening of Parliament, in central London November 18, 2009.      REUTERS/Dominic Lipinski/Pool    LONDON, Nov 18 (Reuters) – Britain’s opposition Conservative Party said it would ditch the core of a financial sector reform bill if it wins power next year, but lawyers expect other parts such as curbs on bankers’ pay would be introduced.
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UK gives impetus to global banks tax, U.S. doubtful

By Reuters Staff
November 8, 2009

Britain's Prime Minister Gordon Brown addresses the G20 Finance Ministers meeting at a hotel in St. Andrews, Scotland November 7, 2009. A tax on financial transactions to fund future bank bailouts should be considered with urgency, British Prime Minister Gordon Brown told G20 policymakers on Saturday, a significant departure from London's line to date.      REUTERS/Andrew Winning (BRITAIN BUSINESS POLITICS)   By Huw Jones
ST ANDREWS, Scotland, Nov 7 (Reuters) – Britain urged world governments on Saturday to consider a levy on banks to fund future bailouts, departing from long-held opposition, though there was little sign of the consensus needed to make it fly.

Merkel to G20: regulation before rebalancing

By Reuters Staff
September 24, 2009

Angela Merkel (R) German Chancellor and leader of the Christian Democratic Union (CDU) enters her limousine as she leaves the Chancellery on her way to Tegel airport in Berlin, September 24, 2009. Merkel urged Group of 20 leaders on Thursday to agree concrete new regulations for financial markets at a summit this week and not let themselves be sidetracked by other economic themes.    REUTERS/Fabrizio Bensch (GERMANY POLITICS BUSINESS) By Madeline Chambers and Emily Kaiser
BERLIN/PITTSBURGH, Sept 24 (Reuters) – German Chancellor Angela Merkel warned on Thursday a U.S. drive to rebalance the global economy risked distracting the Group of 20 from a more urgent need for market regulation at their Pittsburgh summit.

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.

EU ministers pledge to end banker bonus party

By Reuters Staff
September 2, 2009

Sweden's Finance Minister Anders Borg addresses a news conference during an European Union finance ministers meeting in Brussels September 2, 2009.     REUTERS/Francois Lenoir By Anna Willard
BRUSSELS, Sept 2 (Reuters) – European finance ministers pledged on Wednesday to clamp down on banker bonuses, raising the prospect of spreading such payouts over years or demanding back money if business turns sour.

INTERVIEW – France sees G20 shifting its way on financial regulation

By Reuters Staff
September 1, 2009

France's Economy Minister Christine Lagarde is seen during an interview with Reuters at the Economy Ministry in Paris September 1, 2009.  REUTERS/Charles Platiau By Anna Willard
PARIS, Sept 1 (Reuters) – France is optimistic about upcoming G20 meetings because many leaders, including British Prime Minister Gordon Brown, have moved closer to the French position, Economy Minister Christine Lagarde said.