Regulation
We will need counter-cyclical rules: King
Mervyn King, the governor of the Bank of England, indicated on Monday that Britain could push ahead in implementing its own counter-cyclical capital requirements to prevent another subprime debacle.
Processing speed key to bank liquidity
Payments processing speed is a significant factor in explaining the liquidity holdings of banks throughout the day, finds a new paper by the Bank of Canada.
Kuwait guarantees deposits as major bank falters
Kuwait became the latest country to issue a blanket guarantee on all deposits after it emerged on Sunday that one of its largest banks had made a loss.
Greenspan backs bailout, more regulation
Alan Greenspan, a former chairman of the Federal Reserve seen as a fierce advocate of free markets, on Thursday said he supported both the US Treasury's $700 billion bailout plan and greater regulation of the financial system.
ING gets Dutch lifeline
ING, the biggest financial services firm in the Netherlands, has become the latest major financial institution to receive a capital injection from the government.
Finland's Liikanen: eurozone banks fragmented
The euro-area finance industry remains fragmented, with most banks operating only on a national level, said Erkki Liikanen, the governor of the Bank of Finland.
G7 plan "a major success": Riksbank's Ingves
The five-point plan agreed by the G7 finance minsters and central bank governors should help improve confidence in financial markets, said Stefan Ingves, the governor of the Riksbank.
Britain re-capitalises banks, warns on bonuses
British authorities on Monday warned banks to review their compensation structures after pledging up to £37 billion ($64 billion) to re-capitalise some of the country's largest banks.
DSK proposes "action plan" for crunch
Dominique Strauss-Kahn, the managing director of the International Monetary Fund (IMF), on Friday urged governments to guarantee retail, interbank and money-market deposits.
IMF should monitor stability: Riksbank's Ingves
Stefan Ingves, the governor of the Riksbank, called for the International Monetary Fund (IMF) to be given a greater role in promoting financial stability.
Ex-Fed's Volcker demands regulatory overhaul
Paul Volcker, a former chairman of the Federal Reserve, has urged regulators to enhance supervision on both a national and international level in the aftermath of the global turmoil.
Call for mutual model to protect UK deposits
Senior City of London figures have called for the UK to set up a deposit protection scheme run by the banks, independently of any financial regulator.
EU reveals plans for tougher rules for banks
The European Commission wants to impose more stringent rules on European Union banks in a bid to make the region's financial system more stable.
HKMA to probe Lehman complaints
The Hong Kong Monetary Authority (HKMA) is investigating complaints that banks have mis-sold investment products related to Lehman Brothers.
Officials back plans to toughen liquidity rules
Regulators and central bankers from around the globe have endorsed plans to strengthen liquidity rules.
Sparks fly between Cox and McCain
Christopher Cox, the chairman of the Securities and Exchange Commission (SEC), and John McCain, the Republican president candidate, have clashed over McCain's comment that he would fire Cox if he were president.
Bank rescue - or protection racket?
Will 19 September 2008 go down in history as a day when wise and courageous politicians took the steps necessary to rescue the global banking system, or as the last throw of the dice? Maybe neither of these - maybe it will be remembered just as another…
Market pressure matters for capital
Market pressure was an important factor in the banks' capital build-up during the early 1990s, according to a new paper by the National Bank of Belgium.
Norges's Gjedrem: rethink deposit guarantee
Reducing commercial bank deposit guarantees per customer would bring the Norwegian system more into line with guarantee schemes in other countries, said Svein Gjedrem, the governor of the Norges Bank.
Tumpel-Gugerell: we need a European SEC
Europe's needs to get its house in order to be prepared for the global challenges related to the infrastructure for securities, said Gertrude Tumpel-Gugerell, a member of the executive board f the European Central Bank.
Banking consolidation continues apace
After months of speculation of its weakest elements, the global banking sector has undergone what many are calling a long overdue consolidation within the space of a few days. Here's a summary of what has happened, its happening - and may happen next.
Kenya's Ndung'u on regional integration efforts
Harmonisation of East African banking supervision and regulation is at the top of the agenda of regional central banks, said Njuguna Ndung'u, the governor of the Central Bank of Kenya.
Fed hosting crisis talks for insurance giant
The Federal Reserve Bank of New York is facilitating crisis talks between state insurance regulators, private sector investors and the management of American Insurance Group (AIG) to devise an emergency capital injection for the beleaguered insurance…
Trichet: new rules need international consent
New regulatory rules need to be agreed by regulators at the international level, said Jean Claude Trichet, the president of the European Central Bank.