Banking Supervision.eu is the information source for objective reporting for everything concerning European and Global Banking. It also offers a platform to exchange opinions, as well as to generate ideas to improve Banking. The purpose of the site is aimed… Continue reading
By Marja Novak
LJUBLJANA (Reuters) – The European Central Bank is always studying a range of potential instruments to use, like buying stocks, but it was too early to conclude whether such purchases would be appropriate, Governing Council member Bostjan… Continue reading
LONDON, February 02 (Fitch) The overhaul of the internal models approach – used by most banks with large trading books to calculate market risk capital requirements – will be costly, says Fitch Ratings. The Basel Committee on Banking Supervision’s revised… Continue reading
European efforts to revive the market for asset-backed debt got a boost on Tuesday when global financial regulators proposed softer capital rules for banks that do this kind of financing.
Tight liquidity in Kenya’s money market and central bank intervention has stabilised the shilling and prices, the central bank governor said on Tuesday.
“Price stability will provide the necessary environment for a sustainable growth in the long term,” Governor Patrick… Continue reading
A year since the European Central Bank took over as the euro zone’s top banking watchdog, a rift has opened up between the new supervisory division and the ECB’s monetary policy arm, four sources close to the matter told Reuters.… Continue reading
FRANKFURT, Nov 5 (Reuters) – Europe’s banks will be tested next year to measure their financial resilience if the economy shrinks, regulators said on Thursday, although none can fail as there will be no minimum capital hurdle.
The exercise follows… Continue reading
Nov 5 Australia’s central bank on Thursday castigated local banks misreporting the scale of their investor and owner-occupier home lending, saying it justified closer supervision by regulators.
Reserve Bank of Australia (RBA) Deputy Governor Philip Lowe said regulators planned to… Continue reading
It also simulated a ‘stress’ scenario, where Greece dips further than expected. For this test,… Continue reading
European Union lawmakers have ended a stalemate over plans to curb risky trading at banks after months of wrangling over how tough the new rules should be.
The draft rules are seen as Europe’s answer to the Volcker Rule on… Continue reading
Oct 28 Goldman Sachs Group Inc will pay a $50 million fine for failing to supervise a banker who stole confidential government information for use in advising a client, the New York Department of Financial Services (NYDFS) said on Wednesday.… Continue reading
A former Rabobank trader on trial in the United States for allegedly engaging in a scheme to manipulate Libor took the stand in his own defense on Tuesday, denying that he helped rig benchmark rates to favor the bank’s trading… Continue reading
By Francesco Guarascio
BRUSSELS, Oct 21 (Reuters) – The European Commission proposed on Wednesday to set up a European guarantee for bank deposits that will be based on a reinsurance system for national schemes.
EU states are already obliged to… Continue reading
A decision by British finance minister George Osborne to scrap “guilty-until-proven-innocent” rules for bankers in Britain will help avoid legal uncertainties and does not represent a watering down of the reform, Britain’s top banking supervisor said.
The change announced by… Continue reading
By Stine Jacobsen
OSLO, Oct 20 (Reuters) – The board of Norway’s central bank is introducing an extra layer of supervision for the country’s sovereign wealth fund, which will need to seek approval for all property deals over $250 million,… Continue reading
Oct 21 Kenya must strengthen its supervision of the banking sector “dramatically” following claims of possible malpractice at privately-held Imperial Bank, Kenya’s central governor said on Wednesday.”It is clear that we need to strengthen our bank supervision dramatically,” Patrick Njoroge… Continue reading
The European Central Bank will carry out a separate stress test for banks under its supervision that will not take part in a pan-European exercise designed by the European Banking Authority, the ECB’s supervision chief said on Monday.
“What we… Continue reading
“I’m not scapegoating the banks but I believe… Continue reading
LONDON, Oct 10 (Reuters) – Global banking regulators have decided to allow lenders to keep using credit rating agencies to help them determine how much capital they need to hold to cover the risks of borrowers getting into trouble, a… Continue reading
The sudden collapse of Corporate Commercial Bank (Corpbank), the Balkan… Continue reading
Last year, the ECB took over the role of supervising big… Continue reading
Euro-area nations may be asked to set up internal credit lines for the currency area’s bank resolution fund, due to start operations on Jan. 1, as an additional safeguard against financial crises, according to three European Union officials.
The Single… Continue reading
The European Central Bank is interested in the Dutch central bank’s approach to supervising behavior and culture in financial institutions’ boardrooms, ECB Supervisory Board member Julie Dickson said.
“One of our key priorities is to assess corporate governance of the… Continue reading
The ECB’s Single Supervisory Mechanism took over the supervision of large euro zone banks… Continue reading
The introduction of a new accounting standard for financial instruments will be challenging for the banking industry, especially when it comes to modelling for expected losses, the European Central Bank’s supervisory chief said on Tuesday.
“The completion of this accounting… Continue reading
In an amendment to the nation’s banking act, the Finance Ministry in Berlin will be… Continue reading
The European Central Bank is stepping up supervision of euro area banks with plans to recruit about 230 people for its regulatory arm, an increase of about 25 percent, according to a person with knowledge of the matter.
Two-thirds of… Continue reading
MILAN, Sept 10 (Reuters) – Furio Bragagnolo, chairman of Italy’s Pasta Zara, found persuading a bank to lend him money such a time-consuming process, he resorted to employing a credit-rating agency to assess his company’s default risk.
“These days banks… Continue reading
A council of federal banking regulators unveiled plans on Tuesday to simplify regulatory reporting requirements for community banks, as part of broader efforts to review the rulebook and help cut through red tape facing smaller institutions.
The Federal Financial Institutions… Continue reading
Europe will have to wait at least five years before banks begin to consolidate across borders, as they wrestle with low interest rates, regulatory reforms and the need to overhaul technology, bank executives said.
Banks face pressures to refocus their… Continue reading
Would you finance your car through the dealer’s own bank or would you prefer to use you own? Let us know in the comments below!
General Motors’ European carmaker Opel will push into online retail banking in Germany and use… Continue reading