Latest Tier 1 Capital News

Nationwide draws up plan to plug 1 billion capital hole – report
Nationwide must raise additional capital of 400 million pounds in order to meet a new target for banks to hold core Tier One capital equivalent to 7 percent of their risk-weighted assets, Britain's financial regulator said last week. In addition …
Read more on Reuters UK

UPDATE 2-Erste launches capital increase to help repay state aid
Erste has said repaying that increasingly expensive capital would save it hundreds of millions of euros and put it on target to have a 10 percent common equity Tier-1 ratio under Basel III rules by the end of 2014. The bank said on Monday it would sell …
Read more on Reuters

Citigroup Announces 4 Million Redemption of Citigroup Capital XVI Trust
Citigroup's Tier 1 Common capital and related Tier 1 Common ratio, either under Basel I or as estimated under Basel III, will not be affected by the planned redemption. Citigroup's Basel I Tier 1 Capital and its Basel 1 Tier 1 Capital ratio are …
Read more on Bobsguide (press release)

New venture tax credit awaits final vote
John Blake, D-22, Archbald, is a key advocate for an insurance tax credit to underwrite state investment capital provided to startup firms through the Ben Franklin Partnership, Venture Investment Program and Life Sciences Greenhouses. Insurance …
Read more on Scranton Times-Tribune

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 [...]