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By Marlene Y. Satter, AdvisorOne |
October 3, 2012
While EU banks met a target of 114.7 billion euros in capital reserves, according to the European Banking Association (EBA), they would not have met the tougher requirements of the Basel Committee had they been enforced by the end of 2011.
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By Marlene Y. Satter, AdvisorOne |
September 12, 2012
The bank’s plans in the U.S. are part of a broader strategy to expand in smaller markets like Turkey, Poland and Morocco.
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By Marlene Y. Satter, AdvisorOne |
August 28, 2012
The ECB is advocating a looser standard on eligibility of assets that can be used to satisfy a draft liquidity rule from the Basel banking committee, over concerns that the current definition is too restrictive on credit in the midst of the financial crisis.
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By Marlene Y. Satter, AdvisorOne |
April 25, 2012
E.U. banks could soon find themselves regarded in much the same way as power or water companies: entities that keep society functioning but pretty much stay in the background.
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By Marlene Y. Satter, AdvisorOne |
April 13, 2012
The E.U. may be planning to get even tougher on bankers than the Basel Committee on Banking Supervision. A parliamentary draft of a proposed law provides for higher capital reserves and lower bonuses.
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By Marlene Y. Satter, AdvisorOne |
March 6, 2012
European Union officials could include in their draft bank capital law measures to limit banker pay, setting in place a specified limit between the highest and lowest paid, as well as instituting a limit on bonuses.
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By Marlene Y. Satter, AdvisorOne |
January 23, 2012
The European Union will try to close a loophole that allows lenders to avoid holding sufficient capital to offset the risk on their holdings of sovereign debt,k.
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By Marlene Y. Satter, AdvisorOne |
January 17, 2012
Banks in London are shedding staff, closing or cutting divisions and seeing pay fall as criticism by politicians, tighter regulations and falling profits take their toll on the financial services sector.
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By Marlene Y. Satter, AdvisorOne |
November 9, 2011
Some Eurozone banks are redefining risk in order to meet capital requirements. Many officials and banking experts say the practice is legal but undermines the goal of ensuring the financial institutions are healthy.
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By Gil Weinreich, AdvisorOne |
September 12, 2011
JPMorgan Chase CEO Jamie Dimon called Basel III capital rules “blatantly anti-American” and suggested the U.S. should consider withdrawing from the group. Times Columnist Paul Krugman then took a shot at Dimon.