BOSTON -- A top Federal Reserve official has raised the specter of higher capital requirements for leading banks beyond those agreed internationally, ...
When Americans realize that the alternative is to have their ready cash transformed into "bank stock" of questionable marketability, moving failed mega-banks into the public sector may start to have more appeal.
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.
(By Gilbert Kreijger and Huw Jones) THE HAGUE/LONDON - Plans to impose extra safeguards on the world's top banks may be softened, a senior regulator ...
The European Union may give regulators powers to block new products and limit trading risks at banks deemed too big to fail, as part of plans to prote...
(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...
Though pressure is building from the financial industry to slow reform efforts -- and concerns about fiscal conditions risk drawing public and political energies away from the need to act -- we must seize this moment and implement broad financial reform soon.
Giant banks, while bracing for a wave of tougher regulation in Washington, will not have to face a new set of global rules on capital and liquidity an...
If a Wall Street bank begins to fail, threatening the safety of the financial system, it will be put to death. End of story. Republicans -- the ones who bailed out Wall Street -- just don't want to believe it.
The recent crisis was a failure of risk management -- a diagnosis widely shared among the members of the IIF. But we are also starting the next crisis: the public finance crisis in Europe, the United States and Japan.
The real issue for regulators around the globe is a serious definition of the financial world we want to live in. The current focus nearly exclusively on the banking sector could cause authorities to miss the broader picture.
We, the middle aged financiers, are responsible for taking action on the issue of massive financial fraud. If we don't, we will never restore trust in the financial system.
Why was Bear Stearns saved from bankruptcy but Lehman Brothers was not? How could the decision makers not realize the dire consequences of letting Lehman go down?