Mark Carney

Fed's Quarles lays out new vision for Financial Stability Board

02/11/19

The Federal Reserve’s top regulator, who assumed the chairmanship of the international board in November, said the FSB should explain the rationale behind its financial benchmarks while establishing new ones to combat emerging threats.

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BoE's Carney says jail for bankers a bluff, hitting pay is best weapon

01/24/19

Bank of England Governor Mark Carney said threats of jail for bankers are just a bluff and the real weapon to improve behavior is hitting pay packets.

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Despite isolationist mood, U.S. isn't going it alone on banking rules

12/04/18

Having the Federal Reserve Board’s bank supervision chief at the helm the Financial Stability Board cements U.S. leadership on cross-border regulation.

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FSB names Fed’s Quarles as next chairman

11/26/18

The choice appears to reaffirm U.S. regulators' commitment to the international standards-setting body.

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Trump feuds hurting U.S. banking regulators' influence abroad

07/24/18

The Fed’s top regulator is reportedly gunning to run the international Financial Stability Board, but the president's trade wars and recent criticism of Europe are impeding that effort and weakening U.S. regulators' hand more generally.

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How banks are fighting climate change

07/11/17

When the U.S. withdrew from the Paris Agreement, business leaders across the country called on the private sector to step up their own efforts to reduce greenhouse gas emissions and ultimately limit global warming to 2 degrees Celsius. From new corporate governance practices to energy efficient upgrades, here’s a look at some of the ways the banking sector is combating climate change.

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Banks heed Carney's call to tackle risks of climate change

07/11/17

Eleven major banks including Barclays, Citigroup and UBS said they'll seek ways to address the financial risks of global warming, after Bank of England Governor Mark Carney urged investors to act on the threat.

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How banks can cut security risks posed by email hoaxes

05/25/17

Two related and equally humiliating cases of high-level bankers completely falling for fake emails illustrate the dangers of social engineering and the need to better protect executives and other employees from themselves.

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