Financial Regulatory Forum

REUTERS SUMMIT-Key banker sees cost of U.S. bank failures rising

By Reuters Staff
November 16, 2009

FDIC spokesperson Roberta Valdez shows identification to gain entry at a California National Bank branch in downtown Los Angeles October 30, 2009. The failed bank was seized by U.S. authorities and acquired by U.S. Bancorp. (File Photo) REUTERS/Sam Mircovich   (UNITED STATES BUSINESS) By Karey Wutkowski
NEW YORK, Nov 16 (Reuters) – The cost of U.S. bank failures will continue to rise sharply and will likely exceed the government’s current expectations, a leading investment banking executive said on Monday.

Reuters Summit-Private bankers fret over cost of new rules

By Reuters Staff
October 7, 2009

REYL & Cie SA Chief Executive Officer Franois Reyl gestures during the Reuters Global Wealth Management Summit in Geneva October 7, 2009.  REUTERS/Denis Balibouse (SWITZERLAND BUSINESS HEADSHOT) By Ian Simpson
GENEVA, Oct 7 (Reuters) – Private bankers face higher costs as a wave of regulation forces them to spend on infrastructure and more staff, executives told the Reuters Wealth Management Summit.