2011

Sep

01

U.K.'s Stringent Banking Reforms to Force Banks into a Crisis

The U.K. government is witnessing a growing pressure to take away the decision of implementing stringent banking regulations amid the budding banking crisis.

2011

Sep

02

Largest U.S. Banks Likely to Face Mortgage Lawsuits

The Federal Housing Finance Agency, a regulatory agency for overseeing the government-sponsored mortgage guarantors, has accused some of the largest U.S. banks for violating commitments on the quality of mortgage securities sold to Fannie Mae and Freddie Mac.

2011

Sep

01

Global Central Banks Should Adopt another Round of Quantitative Easing

According to Adam Posen of the Bank of England's Monetary Policy Committee, central banks across the world should implement another round of quantitative easing in order to reduce the chances of another financial turmoil.

2011

Sep

01

Banks' Reforms to be delayed until 2015

As per a Financial Times report, U.K's banking industry reforms are likely to be delayed until after a general election in 2015.

2011

Sep

01

European Banks Planning to Route Business through Foreign Subsidiaries

European banks are planning to avoid costs by routing their businesses and trade through foreign subsidiaries.

2011

Sep

05

Head of International Monetary Fund Insists on European Bank Capitalization

Christine Lagarde, the Head of International Monetary Fund, has stated that European banks require additional capital.

2011

Sep

04

Banks Looking to Retain Liquidity making Interbank Borrowing Difficult

Gerrit Zalm, ABN Amro's Group NV Chief Executive Officer stated that banks want to maintain their liquidity, thereby increasing the difficulty in obtaining interbank loans, as the credit from money and capital markets has become hard to come by.

2011

Sep

02

Financial Stability Board to Draft Recommendation for Shadow Banking System

The Financial Stability Board (FSB) has stated that in order to combat the problem of regulating the shadow banking system, they will be focusing on the money-market funds, securitizations and securities lending as well as repos.

2011

Sep

02

London Stock Exchange in Talks to Acquire LCH.Clearnet

The London Stock Exchange Group is negotiating with LCH.Clearnet, Europe's clearing house, in order to buy a majority of stakes in it.

2011

Sep

01

Nyse Euronext Completes Acquisition of Metabit

Nyse Euronext has completed its acquisition of Metabit, a Tokyo-based leading provider of high performance market access products.