Changing banking for good

Basel III von aussen

Image by pppspics

Changing banking for good
Retail banking would be put under a separate legal subsidiary, and these would be required to maintain higher capital requirements higher than Basel III, the global standards. In addition, all UK-headquartered banks and all ring-fenced banks should …
Read more on The Star Online

AIB admits writing off mortgage debt for struggling homeowners
Directors said they believe the bank will meet so-called Basel III capital requirements by 2019, by returning to profit and holding onto cash that might otherwise go into dividends. Chairman David Hodgkinson said AIB has had to implement "unpopular …
Read more on Irish Independent

Citigroup Stock and the Billion Asset It Can't Wait To Unload
Else, CFO John Gerspach notes, the bank's ability to make loans, buy back stock, and pay dividends under strictures set up by Basel III rules could be restricted. Gerspach isn't too worried about this, however. He's on record saying that Citi will …

Tags: , ,

Comments are closed.

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 [...]