The U.S. pledged to keep any trade deal from weakening its regulations, and said it would press to match efforts to make banking and trading safer.» Read More
Alexander Mirtchev, board director at Atlantic Council, reviews the G8 meeting, its policy implications and what the main issues discussed were.
WASHINGTON, June 18- M&T Bank Corp will put a comprehensive plan in place to fix problems with its anti-money laundering policies that had caused regulators to put a hold on its $3.7 billion bid to buy Hudson City Bancorp. Buffalo, New York- based M&T Bank will submit a plan to the U.S.
A top U.S. banking regulator called Deutsche Bank's capital levels "horrible" and said it is the worst on a list of global banks based on one measurement of leverage ratios.
The letter, which was reviewed by Reuters, was sent on May 21 by former securities broker David Evansen to Richard Ketchum, the chief executive officer of the Financial Industry Regulatory Authority and Susan Axelrod, FINRA's executive vice president of regulatory operations.
WASHINGTON, June 14- A top U.S. banking regulator called Deutsche Bank's capital levels "horrible" and said it is the worst on a list of global banks based on one measurement of leverage ratios.
*Standard Chartered's Meddings, Sainsbury's King possible candidates. LONDON, June 13- Royal Bank of Scotland will struggle to recruit a suitable replacement for ousted chief executive Stephen Hester, someone who must steer it through privatisation and accept that political interference comes with the job.
LONDON, June 13- Royal Bank of Scotland faces an uphill task in finding a new chief executive from a tiny pool of candidates to steer it through privatisation, following the ousting of Stephen Hester which sent its shares tumbling on Thursday.
Michael Kurtz, Global Head of Equity Strategy at Nomura sees the Nikkei 225 hitting 16,000 by the end of 2013 and highlights possible sectors that have yet to reap the benefits of 'Abenomics'.
Robert Zoellick, Distinguished Visiting Fellow at the Peterson Institute for International Economics explains why he thinks Japan needs to invest heavily in structural reforms.
Helen Zhu, Chief China Equity Strategist at Goldman Sachs, says although China's reform agenda remains unclear, Li Keqiang's urbanization plan will be the key driver of economic growth for the next 5 to 10 years.
Lord John McFall, former labour minister and chair of the Commons Treasury Select Committee, says the "financial architecture" is not to blame for the crisis but the lack of "engagement" and "judgment" by individuals is.
Richard Gibbs, global head of economic research and chief economist at Macquarie Bank, says the Japanese government needs to encourage capital spending and reform its labor market and taxes.
"Lightning doesn't strike the short trees," former analyst Jack Grubman tells CNBC in his first TV interview since his settlement with the SEC in 2003.
Martin Schulz, president of the European parliament, rejects the idea that implementing tougher bonus limits will reduce European banks' competitiveness.
Harris Georgiades, Cyprus finance minister, comments on Cypriot reforms, discussions with Russia, capital controls and why he expects the first installment of the bailout shortly.
Antonio Fatas, Professor of Economics at INSEAD says a lot of the political debates in Europe have gone away little by little. He says it is time to find ways to bring growth back to Europe's economy.
Richard Ward, CEO of Lloyd's, highlights that the European Union is very important to the U.K's financial sector but that some of its planned regulations could hurt.
Edward Pinto, resident fellow at American Entreprise Institute, discusses how the U.S. mortgage lending business should be reformed following strong profits from Fannie Mae.
Greg Medcraft, Chairman of the International Organization of Securities Commissions, explains why the issue for financial systems is not about more regulation, but about appropriate regulation.
Robert Pickel, CEO of the International Swaps and Derivatives Association, delves into the complexities of setting global standards for the derivatives market.