BERLIN (AP) ā International banking regulators agreed Sunday on global rules meant to ensure banks keep enough cash in hand to survive future market...
Wall Street has become a place where real financial fraudsters go unpunished while inflated cases like this get the attention especially when a demonized "evil doer" like Iran is said to be involved. Real crimes like the way sanctions hurt ordinary Iranians go unreported.
Treasury Secretary Timothy Geithner, who was then head of the Federal Reserve Bank of New York, did not communicate in key meetings with top regulator...
As the interest rate manipulation scandal grips the banking industry, regulators have defended their actions and trumpeted their efforts to overhaul t...
Thing One: King Of Pain: If there were a buck-passing event in the London Olympics, Bank of England chief Mervyn King would be the favorite to win the...
LONDON (AP) ā The governor of the Bank of England said Tuesday that U.S. authorities did not show him any evidence of manipulation of a key market r...
Shareholders need to take a hit. That way, the ground will be cleared for better managed companies and stockholders will be reminded about the responsibilities of ownership. And central bankers should take responsibility too.
You might think that the government spending two million pounds of the public's money on finding out whether we are happy would make us all sad but you would be wrong.
On the face of it, Glencore International AG doesn't look too scary. With about $80 billion in assets, the Swiss-based commodities trader is a lightwe...
Just when it seemed that the debate over banking was winding down -- with overwhelming victories on almost all dimensions for the people who run the w...
To great fanfare, this week Goldman Sachs introduced the report of its business standards committee, which makes recommendations regarding changes for...
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...
Mervyn King, governor of the Bank of England, criticized the recent Basel III requirements, which increase the minimum amount of capital that banks mu...
Although the G-20 finance ministers pledged stronger prudential regulation and financial oversight of systemically important firms at their September ...
Add the Wall Street Journal editorial board -- of all people -- to the growing ranks of those calling for a restoration of barriers between commercial...
Who is going to play Mervyn King in America -- who'll play the prudent voice of reason? Not the obstructionist Republicans who long ago got disqualified from reasonableness.
The Bank of England said Thursday it would pump 10 billion pounds (13.9 billion euros, 20.6 billion dollars) into money markets amid the ongoing credi...