Peak banking globalization hasn't come and gone, BIS says
The Bank for International Settlements, the Basel-based central bankers' bank, isn't ready to call an end to financial globalization. ... Read full article
The Bank for International Settlements, the Basel-based central bankers' bank, isn't ready to call an end to financial globalization. ... Read full article
The administration’s regulatory blueprint would undermine the calculation of the so-called leverage ratio, a key ingredient in determining large banks’ capital strength. ... Read full article
In the end, many of the reforms designed to protect the global financial system and leading global economies from future crises could be erased. ... Read full article
Recent data on derivatives suggests strongly that increased clearing has occurred apparently at the expense of reporting dealers. ... Read full article
Andreas Dombret, the top banking regulator in Germany, said that international standards need to be vigorously enforced and implemented. ... Read full article
American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and our social media platforms. ... Read full article
A protectionist banking policy could lead to reprisal from overseas regulators, financial instability and less cross-border business. ... Read full article
The Basel III capital requirements are making it hard for banks to stay in the servicing business, said David Motley, president of Colonial Savings. Their exodus from the market indirectly hurts consumers, he argued. ... Read full article
In reality, the Financial Choice Act has appeal for both those who want to unwind the Dodd-Frank Act and regulatory hawks who want to keep banks in check. ... Read full article
American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and our social media platforms. ... Read full article
A top House Republican is calling on the Federal Reserve to cease its participation in international standards-setting forums until after President Trump has installed his own leadership in the central bank. ... Read full article
An international regulatory body outlined a series of recommendations for reducing risks posed by the asset management industry, particularly increasing liquidity and reducing leverage posed by derivatives positions. ... Read full article