Over the past two years banks have been hit by a huge wave of litigation relating to residential mortgages, interbank rates, consumer insurance and money laundering. Though lenders have largely managed to absorb the costs fairly easily, it seems that the regulators are not quite finished when it comes to dishing out fines.
Latest articles from US
Another day, another huge fine for banks. But is it justified?
The Basel Committee has decided that banks can net certain transactions when calculating the leverage ratio. This will bring the regulatory requirement closer to US rather than to European accounting standards.
The days of double-digit growth in China may be over, but the rest of the world has little reason to fear, says Jim O’Neill.
Many investors are confident that 2013 will be remembered as the year the US economy finally started its recovery. For other parts of the world, not least the eurozone and most major emerging markets, the memories are likely to be a lot gloomier. Paul Wallace reports.
Banks, regulators and consultants are all trying to preserve a Basel capital measurement that relies on a discredited process of risk-weighting assets.
The US Federal Reserve’s proposals to implement the liquidity coverage ratio component of Basel III involves hitting their deadline sooner than Basel's recommendations and tighter definitions of liquid assets.
Regulators will need closer co-operation on resolution regimes to avoid further fragmentation of the global banking sector.
Central banks around the world should take note of the United Arab Emirates' new regulations on mortgage lending.
Please select an area to explore
Most popular content
Most popular videos
- Trade finance securitisation
- Getting excited about innovation
- Chapter One of Four: Transforming Banking; What are the Challenges?
- Chapter 1 of 4: Internationalisation of the renminbi; Trade and payments
- Chapter 1 of 4: Managing intraday liquidity in a changing regulatory environment; Dodd-Frank, EMIR and Basel III – what they mean for liquidity managers