Financial Regulatory Forum

ECB’s Noyer says leverage ratio makes no sense as trouble signal

By Reuters Staff
September 1, 2009

BUENOS AIRES, Sept 1 (Reuters) – The idea of a simple leverage ratio to help anticipate financial crises is unlikely to work, European Central Bank governing council member Christian Noyer said on Tuesday.

Iceland strikes deal to clean up banking mess

By Reuters Staff
July 20, 2009

STOCKHOLM, July 20 (Reuters) – Iceland took a step towards clearing the debris of its financial meltdown on Monday, unveiling a deal with creditors of its failed banks and plans to capitalise the new ones. (more…)

Latvia seeks debt write-downs in home-loan restructure plan

By Reuters Staff
July 8, 2009

   By Patrick Lannin and Sven Nordenstam
   RIGA/STOCKHOLM, July 8 (Reuters) – Latvia wants banks to write off 10 percent of the debt of people who enter a planned scheme to restructure problem loans, the prime minister said on Wednesday, but banks said volumes concerned would be small. (more…)

Finance ministers from Americas to meet on economic crisis

By Reuters Staff
July 1, 2009

    By Rodrigo Martinez
   SANTIAGO (Reuters) – Finance ministers from the Americas and leaders from multilateral lenders will huddle in Chile on Friday to evaluate their responses thus far to the global economic crisis and figure out the way ahead.
   Chilean Finance Minister Andres Velasco told Reuters that turbulence has shown the International Monetary Fund and World Bank need more resources for the slump. (more…)