Lehman Brothers

Draghi backs EU move on stress tests

Bank of Italy governor Mario Draghi sees publication of results of stress tests of Europe’s biggest banks as key to calming market jitters; EU move follows Spanish decision to publish results of its stress tests earlier this week

Buba’s Weber dismisses Volcker rule

Bundesbank president Axel Weber says Paul Volcker’s plan will have unanticipated effects and interfere with monetary policy transmission, says sticking with Basel II is best

Asia’s moment

The timely infusion of government support has led to a resurgence in Asia that has caught observers off guard, argues Malan Rietveld

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

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