Top personnel from the Bank of England, Bank of Japan, and European Central Bank have joined Goldman Sachs this year as its own executives took high positions at the Bank of England and ECB
BusinessWeek.com — Finance
Australian banks are finding they’re not immune to the debt crisis engulfing Europe as a gauge of funding costs reached the highest in almost a year and bond risk surged to the most since July.
BusinessWeek.com — Finance
Global banking regulators are turning their attention to how firms measure the riskiness of their assets amid criticism firms’ calculations are inconsistent
BusinessWeek.com — Finance
German banks and insurers will use a French proposal as a blueprint for discussion when they meet with finance ministry officials in Berlin tomorrow to seek an agreement on their role in a Greek rescue, two people with knowledge of the matter said.
BusinessWeek.com — Finance
U.S. stocks advanced, breaking a three-day losing streak for the Standard & Poor’s 500 Index, as regulators issued capital rules to safeguard the global financial system and technology companies rallied.
BusinessWeek.com — Finance
The agency replacing the U.K.’s Financial Services Authority will be more “dynamic and interventionist” than its predecessor when evaluating financial products geared toward consumers, said Margaret Cole, the FSA’s conduct business chief.
BusinessWeek.com — Finance
President Nicolas Sarkozy said French banks are headed towards an agreement to roll over 70 percent of their holdings of Greek debt between now and 2014.
BusinessWeek.com — Finance
Banks both inside and outside the eurozone were tested.
