Financial Regulatory Forum

U.S. bank trading plan could create loopholes – EU official

By Reuters Staff
February 1, 2010

By Huw Jones

LONDON, Feb 1 (Reuters) – U.S. President Barack Obama’s plans to curb proprietary trading will be hard to define and could create regulatory loopholes for banks to exploit, a top European Union official said on Monday.

BREAKINGVIEWS-Obama reforms could undermine global bank rules

By Reuters Staff
January 25, 2010

G20/ By Peter Thal Larsen and Hugo Dixon

LONDON, Jan 25 (Reuters Breakingviews) – The overhaul of the global financial system has entered a new, more complicated phase. For two years, a fragile multilateralism has prevailed as the world’s largest economies agreed that changes should be designed and adopted on a global basis. The task of redesigning financial regulation was largely delegated to central bankers, regulators and other technocrats.

Europe welcomes Obama bank plan, won’t imitate it

By Reuters Staff
January 22, 2010

By Keith Weir and Crispian Balmer

LONDON/PARIS, Jan 22 (Reuters) – Major European economies offered support on Friday for U.S. President Barack Obama’s plan to limit banks’ size and trading activities but indicated they had no plans to follow suit.

SCENARIOS-How Obama’s bank reforms could affect banks

By Reuters Staff
January 22, 2010

NEW YORK, Jan 21 (Reuters) – U.S. President Barack Obama is looking at limiting risk-taking at banks.

Obama threatens fight with banks on new risk rules

By Reuters Staff
January 22, 2010

By Jeff Mason and Kevin Drawbaugh

WASHINGTON, Jan 21 (Reuters) – U.S. President Barack Obama threatened to fight Wall Street banks on Thursday with new proposals to limit financial risk taking, sending stocks and the dollar tumbling.

Obama proposes new U.S. risk rules for banks

By Reuters Staff
January 21, 2010

By Jeff Mason and Kevin Drawbaugh

WASHINGTON, Jan 21 (Reuters) – U.S. President Barack Obama proposed stricter limits on financial risk-taking on Thursday in a new populist-tinged move that sent bank shares lower and aimed to shore up his own political base.

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.