Regulation
Study of EU bank acquisitions
A new paper from the Bank of Spain analyses bank acquisitions both within and across the EU25 countries betwenn 1997 and 2004.
Top economists have their say on G20 summit
A group of 21 of the world's most prominent economists have called on officials from the G20 countries meeting in Washington this weekend to start thinking outside the box about longer-term reforms.
Thailand's Nijathaworn calls for regulatory unity
Bandid Nijathaworn, a deputy governor at the Bank of Thailand, has called for domestic and international harmonisation of financial regulation in order to avoid the harmful arbitrage associated with the current turmoil.
Sri Lanka's Cabraal on limiting terrorist funding
We need to be a step ahead and work together to counter the financing of terrorist activities, said Ajith Nivard Cabraal, the governor of the Central Bank of Sri Lanka.
Regulator slams calls for IMF supervisory role
A senior European regulator has launched a scathing attack on politicians' calls for the International Monetary Fund (IMF) to take a leading role in supervising the global economy.
Global banks want greater role for FSF
An enhanced Financial Stability Forum (FSF) should regulate the most important financial institutions, the global banking industry has said.
Markets obey laws of nature not math: NBB's Praet
The "once in a century" credit crisis demands a fundamental re-think in the way we view, and regulate, financial systems, Peter Praet, an executive director at the National Bank of Belgium and a member of the Basel Committee on Banking Supervision, has…
NY Fed hires Bear Stearns' risk-management head
The chief risk officer at Bear Stearns, the now-defunct investment bank, has joined the New York Federal Reserve to advise on bank supervision.
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.