G20
King: G20 should head IMF
Mervyn King, the governor of the Bank of England, says G20 leadership could lend the IMF the legitimacy it needs to curb economic imbalances
UK regulator to be allowed to “tear up” bankers’ contracts
Britain’s financial regulator will have its powers increased, allowing it to punish errant banks and bankers for excessive risk-taking
Multilaterals define systemic importance
Report suggests an initial framework that can be adapted by individual countries
Asset price bubbles “catastrophic”: UK Chancellor
Alistair Darling, chancellor of the exchequer, says bubbles must be tackled before they get out of hand
Bankers play down moral hazard
Institute for International Finance says banks will not take advantage of too big to fail, says capital rules could hinder growth if too harsh
Strauss-Kahn covets lender-of-last-resort role
Dominique Strauss-Kahn says International Monetary Fund must become a global lender of last resort to temper emerging Asia's desire to hold reserves
G20 pledges to tackle imbalances
Global imbalances take precedence over regulation in regulation in communiqué
Basel outlines plans to tighten bank regulation
Central bank governors and heads of supervision agree on raft of measures to rein in banks
RBA’s Edey: don’t push banks into the shadows
Reserve Bank of Australia’s Malcolm Edey on getting the balance on tougher regulation right
Basel Committee expands membership
The Basel Committee on Banking Supervision on Wednesday expanded its membership to include all G20 countries.
ECB's Trichet: prepare for rebalancing world
The world has to prepare for a very profound structural rebalancing of world output during the next years, said Jean-Claude Trichet, the president of the European Central Bank.
DSK: a mandate for change
The G20 summit in London has created a mandate for change, said Dominique Strauss-Kahn, the managing director of the International Monetary Fund (IMF).
G20 working group: development banks must lend now
Multilateral development banks and other international financial institutions should step up their counter-cyclical efforts to offset capital flight from emerging markets, says a report from a working group prepared for the G20 London summit.
G20 working group: amend Bretton Woods governance
Emerging and developing economies should have greater voice and representation in Bretton Woods institutions, says a report from a working group prepared for the G20 London summit.
G20 group: more supervisory colleges needed
Regulators should collaborate to establish supervisory colleges for all major cross-border financial institutions, says a report from a working group prepared for the G20 London summit.
G20 working group: global coordination key
International regulatory standards should be coordinated to ensure a common and coherent global framework, says a report from a working group prepared for the G20 London summit.
SDR injection inflationary, ECB's Stark warns
Jurgen Stark, a member of the European Central Bank's executive board, has panned the G20's decision to create $250 billion-worth of special drawing rights (SDRs).
Markets surge on G20 $1 trillion recovery package
Equity markets in Europe and the United States soared on Wednesday on news that global leaders had pledged an extra $1 trillion to spur an economic recovery.
G20 protests converge on Bank of England
The Bank of England on Wednesday was surrounded by anti-capitalist protesters, converging on Threadneedle Street to vent their anger at the crisis on the eve of the London G20 summit.
A guide for an ideal communique
For Marc Uzan, an executive director on the Reinventing Bretton Woods Committee, the perfect G20 communique would note the long-term ramifications of the crisis.
Soros urges G20 to agree on SDR reallocation
George Soros, one of the world's most renowned hedge-fund managers, has called on G20 leaders to endorse the reallocation of rich country's SDR quotas with the International Monetary Fund (IMF).
A proposal to aid emerging-market stability
Ousmene Mandeng, the head of public sector investment advisory at Ashmore, an asset management firm, believes there is a more efficient way for emerging market central banks to use their reserves to stave off a disorderly unwinding of their capital…
Cooperation between leaders and banks essential
As the world responds to financial and economic turmoil, the industry and authorities must work together as never before, says Angela Knight, the chief executive of the British Bankers' Association (BBA).
Basel Committee's Praet on the future of regulation
Peter Praet, an executive director at the National Bank of Belgium and a member of the Basel Committee on Banking Supervision, offers some pointers on how global leaders should formulate their regulatory response to the crisis.