Jane Monahan talks to Barney Frank, chairman of the US Financial Services Committee, about its plans.
World
Latest articles from World
Santander shakes up Brazil’s banking elite
January 2, 2008Santander’s takeover of ABN Amro Banco Real has changed Brazil’s banking landscape, but the integration process may not be easy. John Rumsey reports.
Bolivia’s private banks face a public challenge
January 2, 2008Bolivia’s finance minister Luis Alberto Arce outlines a programme of state loans to small enterprises and attacks the country’s domestic banks for acting like a syndicate, stifling competition.
Lenders remain buoyant amid political waves
January 2, 2008Bolivia’s banking sector is thriving on the back of a strong economy, despite fears of a political clash with the leftist government of president Evo Morales. Jules Stewart reports.
HSBC plays waiting game on KEB deal
January 2, 2008The acquisition by international giant HSBC of the Korea Exchange Bank would benefit both parties, but is politically sensitive. Stephen Timewell reports.
Herd instinct warnings as foreign banks rush in
January 2, 2008Vietnam’s booming economy is proving an irresistible lure for banks despite reform hold=ups and expensive valuations. Karina Robinson reports from Hanoi.
Undercarriage defects threaten to slow pace of a racing economy
January 2, 2008India’s economic momentum along with its global ambitions are growing rapidly. But gaping holes in the range of financial products on offer required by firms for efficient capital raising and risk management could hold back further progress. Geraldine Lambe reports.
A quiet revolution
January 2, 2008The three-way acquisition of ABN AMRO by RBS, Santander and Fortis proved a remarkable collaborative effort, as Fortis CEO Jean-Paul Votron tells Geraldine Lambe.
Upbeat outlook
January 2, 2008After Barclays failed to gain control of ABN AMRO, president Bob Diamond focuses on the positive elements of the bank’s position. Interview by Brian Caplen.
Clear view curtails crisis fallout
January 2, 2008Credit Suisse fared well during the subprime crisis. Brian Caplen asks CEO Brady Dougan what underlies the bank’s new stability and what it is planning for the year ahead.