2011

Jun

02

British Banks Buy Majority of Government Debts over last Six Months

As per a new report, British banks have been the largest buyers of Government debts in the last six months.

2011

Jun

02

Goldman Sachs Intentionally Delaying Email Publication: Lehman Brothers

Lehman Brothers has accused Goldman Sachs of intentionally delaying the publication of emails in a bankruptcy investigation of Lehman Brothers- related to its financial collapse in 2008.

2011

Jun

02

NYSE Technologies Launch Cloud Platform for Financial Industry

NYSE Technologies, a commercial technology division of NYSE Euronext, has launched the first cloud-based Capital Markets Community Platform for the financial services industry.

2011

Jun

02

US Bank Unwilling to Increase Lending: Federal Reserve

As per John Williams, President of Federal Reserve Bank of San Francisco, U.S. banks have been reluctant to increase their lending because of a stunted recovery from the recession.

2011

Jun

03

Emerging Market Banks to Surpass G7 Banks by 2036

According to a new research by PricewaterhouseCoopers (PwC), world's biggest banks from the G7 countries will be eclipsed by 2036- a decade earlier than initially predicted.

2011

Jun

03

European Bank Stress Test Results Delayed until July

European banks are required to resubmit their data from the recent stress tests owing to the discovery that some institutions had provided inaccurate statistics, according to people familiar to matter.

2011

Jun

03

Amidst Regulatory Uncertainty Banks Preparing for New Regulations

As per a new report by Capco, the US and UK financial institutions are moving ahead with changes to their capital markets operations in order to meet new regulations, even amidst uncertainty in the regulatory reform environment.

2011

Jun

03

Bigger Banks Need Larger Capital Requirements

According to the Federal Reserve, additional capital requirements for bigger financial firms should be comparatively larger for those firms that pose the greatest risk of destabilizing the financial industry. The Federal Reserve Governor Daniel Tarul

2011

Jun

06

European Payments Council Unveils SEPA Cards Standardization Requirements for Public Consultation

The European Payment Council (EPC) has released the latest version of their Single Euro Payment Area (SEPA) Cards Standardization Requirements for Public Consultation.

2011

Jun

06

Reserve Bank of Australia May Hold the Benchmark Interest Rate at 4.75 Percent

The Reserve Bank of Australia (RBA) may have to continue their process of borrowing in the near future because of the rising inflation in the country. As per Bloomberg, the country could be faced with a situation whereby it has to continue increasing