Is a bank website the same as a bank branch? Canada's finance minister thinks so, which means that banks, which are not allowed to sell insurance through branches, are to be banned from selling it online too. Writer Michael Imeson
Latest articles from Michael Imeson
Insurance directive prompts rethink
December 30, 2009Timetable: although RBS is selling its insurance businesses it must still meet the Solvency II directive
Banks that own insurers are preparing for the Solvency II insurance directive, which in its current form could require huge amounts of extra capital to be set aside. Meanwhile, investment banks are busy advising their insurance clients on how their risk management and capital structures will have to change as a result. Writer Michael Imeson
Devil in the detail as EC prepares for next banking crisis
November 27, 2009The next time economic disaster strikes, the EC wants an EU-wide way of dealing with the fallout. But the framework it suggests is highly complex. Writer Michael Imeson
German frenzy over capital requirements
October 28, 2009Global regulators are drawing up tougher capital adequacy standards, but German banks do not like what they are seeing. Writer Michael Imeson
Reg Rage: Irish government backs banks with bad loan purchase
October 5, 2009By the end of the year, Ireland's government will start buying up €90bn of highly risky land and property loans, much to the relief of the country's struggling banks. Writer Michael Imeson
Reg Rage: UK financial system set for reform
September 2, 2009The UK government has just published proposals for wide-ranging changes to financial regulation. Although the measures will be intrusive, bankers are generally supportive. Writer Michael Imeson
Richard Groves
September 2, 2009Richard Groves, managing director of Saudi British Bank (SABB)
Saudi Arabia's banks are reporting lower profits and higher loan-loss provisions, but business is still good, according to SABB's managing director. Writer Michael Imeson
Adel El-Labban
September 2, 2009The chief executive of Ahli United Bank in Bahrain outlines the woes of the banking sector and explains why his bank has fared better than most. Writer Michael Imeson
A mixed year for GCC banks
September 2, 2009The Gulf Co-operation Council countries have suffered as a result of the global economic downturn. Bank profits are down and there have even been some bank failures. But there is also plenty to be upbeat about, with some regions bucking the downward trend. Writer Michael Imeson
Reg Rage: EU plans better financial supervision
August 4, 2009European law-makers are overhauling the way in which the financial system and the firms that operate within it are supervised. Writer Michael Imeson