LONDON, May 1- Britain's top banking regulator defended his tough rules, saying strong capital buffers were a pre-condition for keeping the economy supplied with credit. Andrew Bailey was speaking after the UK government urged the Bank of England's risk watchdog, on which Bailey sits, to ensure regulation does not impede recovery.» Read More
LONDON, May 1- Britain's top banking regulator defended his tough rules, saying strong capital buffers were a pre-condition for keeping the economy supplied with credit. Andrew Bailey was speaking after the UK government urged the Bank of England's risk watchdog, on which Bailey sits, to ensure regulation does not impede recovery.
FRANKFURT, April 30- Deutsche Bank co-Chief Executive Anshu Jain said the capital measures announced on Monday would be sufficient to help Germany's flagship lender meet stricter bank safety rules, although some of these rules are not yet finalised. On Monday, Deutsche Bank said it would beef up its balance sheet with a 2.8 billion euro capital increase.
Deutsche Bank said it will beef up its balance sheet with a 2.8 billion euro capital increase and unveiled forecast-beating first-quarter earnings following a wave of aggressive cost cuts.
*Deutsche Bank to boost capital to narrow gap to peers. FRANKFURT, April 29- Deutsche Bank said it will beef up its balance sheet with a 2.8 billion euro capital increase and unveiled forecast-beating first-quarter earnings following a wave of aggressive cost cuts.
LONDON, April 26- UniCredit's well-received subordinated bond has delivered a vital shot of confidence to the market, and could be the push that peripheral banks need to finally pull the trigger on capital deals that have been waiting in the wings for months.
Bill Issac, Fifth Third Bancorp chairman, explains why he thinks banks should have "very high tangible equity" and a lot of "long-term and subordinated senior debt," that is "discipline" by the debt holders.
Jesper Koll, MD & Head of Japanese Equity Research at JPMorgan Securities says there will be more tech alliances between Japan & Korea and Japan & China.
When Turkish conglomerate Anadolu Holding put its 75-percent stake in Alternatifbank up for sale last year, a distant potential suitor from Asia took a close look at the business.
*Q4 pretax loss 2.6 bln euros due to charges. FRANKFURT, Jan 31- Deutsche Bank plunged to its worst quarterly loss in four years on Thursday after it took nearly $4 billion in charges to try and draw a line under a slew of scandals and boost its balance sheet without asking shareholders for cash.
The number of franchise establishments grew in 2012, the first time since 2008, according to a report compiled by IHS Global Insight. But while more growth is forecast for 2013, cautious optimism is the dominant mood.
*EBRD study finds no improvement in Russia's commodity dependence. MOSCOW, Dec 14- Russia's attempts to wean itself off its chronic dependence on natural resources have failed to deliver tangible results, a study by the European Bank for Reconstruction and Development showed on Friday.
*Capital rules would start a year late in January 2014. LONDON/ BRUSSELS, Dec 13- The European Union is close to a deal over tougher capital rules for banks after officials struck a series of preliminary agreements, including to introduce the rules in January 2014 and to cap bankers' bonuses.
*Capital rules would start a year late in January 2014. LONDON, Dec 13- European officials have reached tentative deals to implement tougher capital rules for banks in January 2014 and to cap bankers' bonuses, inching them towards agreement on a new law to strengthen the financial system.
Jeff Dachis doesn’t want to hear your whining about Facebook — especially if you’re a corporate marketer who’s been using the social network to spew messages to anyone and everyone who has ever simply “liked” your brand.
A former McDonald’s executive and a food-obsessed investment banker are trying to blow up the fast food industry. How? They’re building a chain of restaurants — called Lyfe Kitchen — serving locally grown, sustainable, gourmet, fast, and cheap meals.
What’s the next economic revolution? According to General Electric Chief Economist Marco Annunziata, it’s the “industrial Internet” — intelligent machines such as jet engines, power turbines and medical devices.