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New regulator to champion older consumers

New regulator to champion older consumers Consumer groups say next year's financial regulatory shake-up should allow older people to challenge age limits and other policies that make it harder for them to take out insurance and mortgage products. In a government-sponsored amendment to the … Read more on Financial Times Police probe into financial watchdog [...]

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Latest Tier 1 Capital News

Buy Citigroup For Strong Capital Position And Attractive Valuations The bank maintains a tier 1 capital ratio of 13.9% and a total capital ratio of 17.1% at the end of the third quarter of the current year. This is compared to 13.6% tier 1 capital ratio for Bank of America . Wells Fargo (WFC) has [...]

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UPDATE 1-Danske Bank to issue shares, cut more jobs

UPDATE 1-Danske Bank to issue shares, cut more jobs Targets core Tier 1 capital ratio above 13 pct by end 2013. * Announces 1,000 job cuts. COPENHAGEN, Oct 30 (Reuters) – Danske Bank aims to raise about 7 billion Danish crowns ($ 1.2 billion) with a new share issue and cut a further 1,000 jobs [...]

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European banks urge one-year delay for Basel III rules

European banks urge one-year delay for Basel III rules The new rules, known as Basel III, are the world's regulatory response to the 2007-09 financial crisis and would force banks to triple the amount of basic capital they hold in a bid to avoid future taxpayer bailouts. The European Banking Federation … Read more on [...]

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UPDATE 2-German watchdog wants swift transition to Basel III

Basel III von aussen Image by pppspics UPDATE 2-German watchdog wants swift transition to Basel III BaFin's Koenig says Basel III needs swift, global adoption. * Comment follows U.S. criticism of Basel III rules. * Bankers worry rules could push up lending costs. FRANKFURT, Nov 19 (Reuters) – There should be a swift, worldwide introduction [...]

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Latest Tier 1 Capital News

DCB to augment Tier-1 capital Development Credit Bank (DCB) will be augmenting its Tier-I capital by issuing additionally 93 lakh equity shares of Rs. 10 each at a premium of Rs. 33.68 on a preferential basis. WCP Holdings III, an existing shareholder with 2.55 per cent stake, will … Read more on The Hindu Regulatory [...]

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Community Bank Boards of Directors Are Informed but Ill-Equipped, Study Finds

Chicago, IL (PRWEB) September 20, 2012 In a community bank study commissioned by Baker Tilly and performed by Integrated Governance Solutions, respondents indicated that while their boards are well-informed, they also believe many of these same boards lack the necessary aptitude or experience to put critical information to use. This paradox is just one finding [...]

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ICBA Repeats Call for Community Bank Exemption from Basel III

Washington, DC (PRWEB) November 16, 2012 The Independent Community Bankers of America (ICBA) reiterated its call for policymakers to exempt community banks from proposed Basel III regulatory capital standards. In a statement for the record for todays Senate Banking Committee hearing on the Basel III proposal, ICBA wrote that the standards should not apply to [...]

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Recent Survey: Genesis Capital Sees CRE Optimism in Real Estate Roundtable Survey

San Francisco, CA (PRWEB) November 20, 2012 The Real Estate Roundtable (RER) has recently released a survey based on the sentiments of real estate executives showing commercial real estate on an upward trend. The RER sentiment index now stands at 65, up 2 points from the third quarter of 2012 and up 6 points on [...]

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Latest Financial Regulation News

Ulster Bank fined €1.96m for breaches of financial regulations Ulster Bank has been fined €1.96m by the Central Bank for breaches of financial regulations on holding adequate capital and cash on hand. The Central Bank published a settlement agreement between itself and Ulster Bank detailing a number of breaches of … Read more on RTE.ie [...]

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CIGI Experts Outline Prescriptions for Cannes Summit and Beyond in Special Report on G20 Issues

Waterloo, Ont. (PRWEB) October 20, 2011 With a possible euro zone collapse and Greek insolvency likely to dominate the upcoming [...]

Pathways Home Health and Hospice Satu Johal Receives CFO of Year of the Year Award; Silicon Valley Business Journal Honoree

Sunnyvale, California (PRWEB) December 02, 2011 Satu Johal, CFO at Pathways Home Health & Hospice, received the Silicon Valley Business [...]

Latest Financial Regulation News

Working Together Towards Better Financial Regulation and Stability in Asia Image by Asian Development Bank Tellers attend to clients in [...]

European financial regulation – 4 questions to Olivier Garnier (Societe Generale)

Olivier Garnier, Chief economist at Societe Generale Group, expresses his view on European financial regulation and its reform. Video interview [...]

AMS Health Care Mortgage Corporation Provides Debt Service Savings to Hospitals Utilizing FHA 242 Mortgage Insurance Program

Jacksonville, FL (PRWEB) August 30, 2013 An oft-overlook and relatively unknown federal program for hospitals seeking capital for needed and [...]

Vermont’s Captive Insurance Industry Off to Best Start Since 2005

Montpelier, VT (PRWEB) April 16, 2012 First quarter licensure of new captive insurance companies is off to a strong start [...]