Bank 'amnesia' threatens reforms, says regulator
Shelia Bair, the outgoing chairman of the Federal Deposit Insurance Corporation, one of the most powerful US financial regulators, warned yesterday that "amnesia" over the 2007-2009 credit crisis is threatening important Wall Street reforms.
Source: Independent
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Shock US job figures threaten recovery hopes
US companies added just 18,000 jobs in June, the US Labor Department said, well below the consensus forecast of 90,000 to 120,000 US employers hired the fewest workers in nearly two years last month,...
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FSA regulator says financial sector is failing to accept need to change
If supermarkets behaved like financial firms, how long would they last? asks Margaret Cole One of the City's most senior regulators has hit out at the bosses of financial firms for failing to embrace...
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HSBC FINANCE CORP UK Regulatory Announcement: FRN Variable Rate Fix
LONDON--(BUSINESS WIRE)--29 June 2011 Issue: HSBC Finance Corporation Series 53 XS0171972820 Pursuant to our appointment as Agent for the above stated issue, please be advised of the following interest...
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Financial Markets Authority issues new regulatory rules for Kiwi banks
From Friday 1 July, financial advisers will be regulated under new rules administered by the Financial Markets Authority (FMA). All advisers must be registered on the Financial Service Providers Regis
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China's banking regulator set to tighten regulations over investment products
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China's banking regulator stresses focus on guarantee business (2)
By the end of 2010, there were 6,030 financing guarantee institutions across the country, of which 23.7 percent were controlled by private capital and 76.3 percent were held by foreign capital.
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China's banking regulator stresses focus on guarantee business
The China Banking Regulatory Commission headquarters in Beijing. (Photo / China Daily) The China Banking Regulatory Commission (CBRC) will require banks to examine their guarantee business throughout...