Financial Regulatory Forum
By Karey Wutkowski
ARLINGTON, Va., Jan 29 (Reuters) – A senior U.S. Federal Reserve official warned on Friday that the uncertain path of interest rates poses risks for banks inattentive to the match of durations among their assets and liabilities.
By Rachelle Younglai
WASHINGTON, Jan 27 (Reuters) – U.S. securities regulators adopted rules aimed at making money market funds a safer investment after the collapse of the Reserve Primary Fund triggered a run on the $3.24 trillion market in 2008.
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.
By Boris Groendahl
VIENNA, Dec 18 (Reuters) – Western European banks could still be hit by a further rise in bad debt in emerging Europe if the economic downturn is worse than expected or if currencies decline, the European Central Bank (ECB) warned on Friday.
BOSTON, Nov 6 (Reuters) – The Securities and Exchange Commission has hired former hedge fund executive Richard Bookstaber and two other senior officials to work in a newly created unit designed to identify risks in financial markets.
MONTREAL, Oct 26 (Reuters) – Bank of Canada Governor Mark Carney delivered a blunt rebuke to the global financial industry on Monday, saying it had shown insensitivity over high compensation and calling on it to get on board with reforms.
By Jan Dahinten and Neil Chatterjee
SINGAPORE, Oct 26 (Reuters) – European Central Bank Governing Council member Christian Noyer warned that banks are taking the same risks that led to the financial crisis and said they should preserve capital rather than pay it out to bankers and investors.His comments came as regulators around the world mull reforms to lower the risks that large banks can pose to the financial system and rein in the type of recklessness that fueled the credit crisis.