Basel Iii

Fitch: World's Biggest Banks May Need To Raise Billions To Comply With New Rules

AP | Posted 05.17.2012

Read More: Fitch Ratings, Goldman Sachs, JPMorgan Chase, Basel Iii Rules, Video, Fitch Ratings Worlds Biggest Banks, Bank of America, Business News, Basel III, Worlds Biggest Banks, Business News

WASHINGTON — Fitch Ratings said Thursday that the world's 29 biggest banks together may have to raise $566 billion by the end of 2018 to meet ne...

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Banks May Be Hundreds Of Billions Short Of Complying With New Rules

Reuters | Posted 04.13.2012

Read More: Basel Iii Rules, Video, Basel Iii Impact, Reuters, Business News, Basel Iii Big Banks, Basel III, New-Capital-Rules, Big Banks, Capital Requirements, Business News

* Big capital hole for top 103 banks if Basel III applied -BIS * Average core capital would sag to 7.1 pct vs 10.2 pct ...

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Beating Global Regulators to the Finish Line

John Bates | Posted 01.17.2012

Read More: Dodd-Frank Act, Basel III, Sir John Vickers, Dodd-Frank, Volcker Rule, MF Global, Business News
John Bates

Banks and financial services firms are not far away from realizing that they need to think like regulators, taking control of internal surveillance and compliance before regulators make them do it.

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The European Agreement Offers Other People's Money

Georges Ugeux | Posted 12.27.2011

Read More: Sovereign Debt, Debt, Bail-Out, Eurozone, Gnp, France, Restructuring, Basel III, European Union, Euro, Proprietary Trading, Greece, Germany, Private Sector, Volcker Rule, Banks, Efsf, European Financial Stability Fund, Europe, Business News
Georges Ugeux

The simple notion that China might be part of that new fund is sending waves throughout Europe. Does Europe need the IMF and China to resolve a $500 billion problem?

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How Did European Banks Trap Themselves in a Replay of the 2007 Crisis?

Georges Ugeux | Posted 11.08.2011

Read More: Stress Tests, Equity, Liquidity, Bonds, Christine Lagarde, Basel III, Imf, Larry Summers, Italy, Spain, Credit Crisis, Joseph Ackerman, Barack Obama, European Central Bank, Transparency, Proprietary Trading, Wall Street, Greece, Lehman Brothers, Banking Crisis, Ireland, Europe, Portugal, Business News
Georges Ugeux

At a conference in New York at the end of 2008, Obama's economic advisor, Larry Summers made a prophetic remark at an event organized by the Economist.

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European Endgame

Johan Norberg | Posted 10.24.2011

Read More: Basel III, Eurozone, Europe Debt Crisis, Euro, World News
Johan Norberg

If you owe your bank a hundred dollars, you have a problem. But if you owe it a million, it has a problem, the saying goes. Today we can add that if the governments of Italy, Spain, Portugal, Greece and Ireland owe your banks one trillion dollars, we're all dead.

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Shahien Nasiripour

Financial Reform Destined To Fail, Top Federal Reserve Official Says

HuffingtonPost.com | Shahien Nasiripour | Posted 08.28.2011

Read More: Thomas-Hoenig-Too-Big-to-Fail, Dodd-Frank, Sifis, Financial Reform, Too Big to Fail, Basel III, Hoenig Financial Reform, Tom Hoenig, Thomas Hoenig, Thomas-Hoenig-Tbtf, Business News

WASHINGTON -- Reforms instituted after the financial crisis to prevent future taxpayer-funded bailouts are bound to fail and will likely be weakened w...

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Nocera: Capital Requirements Fight 'Most Important' For Bank Reform

The New York Times | JOE NOCERA | Posted 08.21.2011

Read More: Banking Regulations, Basel III, Aig, Joe Nocera, Elizabeth Warrne, Capital Requirement, Financial Reform, Cfpb, Business News

Capital matters. Let me put that another way. The current fight over additional capital requirements for the banking industry, eye-glazing though it i...

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Simon Johnson: The Big Banks Fight On

The New York Times | SIMON JOHNSON | Posted 08.15.2011

Read More: Daniel K. Tarullo, Capital Standards, Dodd-Frank, Bank Lobby, Banks, Basel III, Federal Reserve, Swipe Fees, Shadow Banking, Simon Johnson, Bank Lobbyists, Debit Card Fees, Business News

The bank lobbyists have a problem. Last week, they lost a major battle on Capitol Hill, when Congress was not persuaded to suspend implementation of t...

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A Tale of Titans: The Too Important to Fail Conundrum

Aditya Narain | Posted 07.27.2011

Read More: Financial Stability Board, Basel III, Global Financial System, Imf, Too Big to Fail, Business News
Aditya Narain

We need look no further than the example of Lehman Brothers to understand how one financial institution's failure can threaten the global financial system and create devastating effects to economies around the world.

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Megabank Myths

The New York Times | SIMON JOHNSON | Posted 05.31.2011

Read More: Tarp, Bankruptcy, Fdic, Dodd-Frank, Troubled Asset Relief Program, Senate Banking Committee, International Monetary Fund, Ted Kaufman, E Gerald Corrigan, Federal Reserve, Basel III, Capital Requirements, Megabanks, Goldman Sachs, Federal Deposit Insurance Corporation, Lehman Brothers, Citibank, Resolution Authority, Lehman Brothers Bankruptcy, Simon Johnson, Business News

Back when it really mattered -- last spring, during the debate over the Dodd-Frank financial regulation -- Senator Ted Kaufman, Democrat of Delaware, ...

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Tim Geithner's Gamble

Project Syndicate | Simon Johnson | Posted 05.25.2011

Read More: JP Morgan Chase, James Kwak, Treasury Department, Timothy Geithner Treasury Secretary, Dodd-Frank, International Monetary Fund, Financial Derivatives, Too Big to Fail Banks, Too Big to Fail, Ireland, Basel III, Jamie Dimon, U.S. Treasury Secretary, U.S. Treasury Department, 13 Bankers, Iceland, Financial Stability Oversight Council, Swiss National Bank, New York Federal Reserve Bank, Dodd-Frank Bill, Ubs, Switzerland, Tim Geithner Treasury Secretary, Credit Suisse, Tim Geithner, Timothy Geithner, Mit-Sloan, Imf, Peterson Institute for International Economics, Simon Johnson, Financial Deregulation, Financial Regulation, Financial Reform, Business News

LOS ANGELES -- In a recent interview, United States Treasury Secretary Tim Geithner laid out his view of the nature of world economic growth and the r...

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Davos: Goldman's Cohn Does Not Get It

Georges Ugeux | Posted 05.25.2011

Read More: Goldman Sachs, Davos 2011, Dodd Frank Act, Hedge Funds, Banking Regulation, Basel III, Taxpayer Money, Shadow Banking, World Economic Forum, Business News
Georges Ugeux

Gary Cohn's position is obviously self-interested: nothing else should be expected from the Honorable firm. He and his peers recently increased their salary from $600,000 to $2,000,000!

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Is Basel III Bad for the Finance Sector?

Brett King | Posted 05.25.2011

Read More: Cost, Markets, Competitiveness, Mitigation, Simplicity, Basel III, Implementation, Reflexive Feedback Loops, Risk, Business News
Brett King

The U.S. market is now too heavily regulated to stay competitive on a global stage as a capital market.

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Bankers: New Global Rules Could Threaten Recovery

Reuters | Kevin Drawbaugh and Dave Clarke | Posted 05.25.2011

Read More: Financial Reform, Too Big to Fail, Basel III, Financial Reform Bill 2010, Systemic Risk, Capital Requirements, Bank Rules, Financial Regulation, Global Financial Rules, Business News

(Reuters) - A global crackdown on bank oversight could undermine a fragile economic recovery if governments move too fast and fail to cooperate, inter...

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What Jamie Dimon Won't Tell You

Baseline Scenario | Anat Admati | Posted 05.14.2012

Read More: Frank Dodd, JPMorgan Chase, Wall Street, Financial Reform, Too Big to Fail, Over-Leveraged, Basel III, Banks, Jamie Dimon, Slideexpand, Leverage, Business News

This post first ran on BaselineScenario. More than a year ago, we published this piece from the Stanford finance expert Anat Admati in which she pr...

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Top U.S. Banks Face A $100 Billion Shortfall After New Rules

Posted 05.25.2011

Read More: Bank Regulation, The Financial Fix, Bank Capital, Basel III, Financial TImes, Capital Requirements, Financial Regulation, Barclays, Business News

LONDON: The new Basel III banking rules will leave the biggest U.S. banks short of between $100 billion and $150 billion in equity capital, with 90 pe...

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US Regulators Endorse New Bank Capital Standards

AP | MARTIN CRUTSINGER | Posted 05.25.2011

Read More: Federal Reserve, Basel III, Banks, Basel Iii Impact, Capital Requirements, Basel Rules, Bank Capital Standards, Business News

WASHINGTON — The Federal Reserve and other major U.S. banking regulators are calling new global bank capital standards a "significant step forward i...

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William Alden

Goldman: New Banks Rules Will Hurt 'Small' Corporations

HuffingtonPost.com | William Alden | Posted 05.25.2011

Read More: Vikram Pandit, Mervyn King, Goldman Sachs, Corporations, Economic Crisis, Business News, Basel III, Capital Requirements, Business News

Requirements that banks hold more cash to prevent against economic downturns won't just hurt the banks themselves, but also the companies they lend to...

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Simon Johnson: Capital Failure From The G20

The New York Times | Simon Johnson | Posted 05.25.2011

Read More: Anat Admati, Wall Street Reform, Financial Reform, Financial Crisis, Basel III, Banks, Regulation, The Group of 20, Capital Requirements, Wall Street, g20, Business News

The Group of 20 summit for heads of government this weekend will apparently "hail bank reform," particularly as manifest in the Basel III process that...

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William Alden

Basel Won't Prevent Another Financial Crisis, Mervyn King Says

HuffingtonPost.com | William Alden | Posted 05.25.2011

Read More: Vikram Pandit, Mervyn King, Bank of England, Nassim Taleb, Basel III, Capital Requirements, Citigroup, Business News

Mervyn King, governor of the Bank of England, criticized the recent Basel III requirements, which increase the minimum amount of capital that banks mu...

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'Too Big To Fail' Plan Delayed Until 2011

Posted 05.25.2011

Read More: Fsb, The Financial Fix, Mario Draghi, Financial Reform, Too Big to Fail, Too Big to Fail Banks, Financial Stability Board, Basel III, Banks, Systemic Risk, g20, Business News

(SEOUL/BRUSSELS By Rachel Armstrong and John O'Donnell) - Steps to avoid "too big to fail" banks from destabilising markets and the world economy will...

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Despite New Regulations, Wall Street Pay May Break Record -- AGAIN

The Huffington Post | William Alden | Posted 05.25.2011

Read More: Fdic, Wall Street, Salary, Basel III, Regulation, Federal Reserve, Securities and Exchange Commission, Dodd Financial Reform Bill, Executive Compensation, Wall Street Bonuses, Financial Regulation, Business News

Wall Street is on track to pay its employees $144 billion this year, breaking a record for the second year in a row, the Wall Street Journal reports. ...

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SIMON JOHNSON Refuting Goldman's Latest Economic Claims

New York Times | Posted 05.25.2011

Read More: Thoughts on the Macroeconomic Impact of Basel III, Goldman Sachs, Jan Hatzius, Macroeconomics, Peter Boone, Basel III, Simon Johnson, Goldman Sachs Economy, Sven Jari Stehn, Business News

The influential Goldman Sachs economist Jan Hatzius has a new research note out (with Sven Jari Stehn), "Thoughts on the Macroeconomic Impact of Basel...

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William Alden

The New 'Hot' Wall Street Trend: 'Boring' Banks

HuffingtonPost.com | William Alden | Posted 05.25.2011

Read More: JPMorgan Chase, Goldman Sachs, Proprietary Trading, Morgan Stanley, Wall Street, Hedge Funds, Bank of America, Basel III, Paul Krugman, Michael Lewis, Dodd Financial Reform Bill, Business News

The "hot" trend on Wall Street, the Wall Street Journal reports, is to be boring. In response to the soon-to-be-implemented international banking reg...

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