Deutsche Bank AG, Germany’s biggest lender, and UniCredit SpA are among European banks that may have to raise additional capital after regulators dismissed lenders’ threats that stiffer rules may stunt economic growth.
BusinessWeek.com — Finance
Asian stocks fell by most in a week after regulators raised capital adequacy requirements for the world’s biggest lenders and amid concern the U.S. economy is faltering and Greece may not meet bailout conditions, hurting the outlook for banks and exporters.
BusinessWeek.com — Finance
French banks including BNP Paribas SA have told the French government they are willing to partly roll over maturing Greek government bonds in a bid to avoid a default by the debt-laden nation, three people familiar with the plan said.
BusinessWeek.com — Finance
Central banks need to start raising interest rates to contain inflation and may have to act faster than in the past, the Bank for International Settlements said.
BusinessWeek.com — Finance
Banks should be pushed to meet the higher capital requirements before a series of deadlines starting in 2013, unless earlier introduction of the rules would threaten lending, the Bank for International Settlements said.
BusinessWeek.com — Finance
Global regulators said banks deemed too big to fail must hold as much as 2.5 percentage points in additional capital as part of efforts to prevent another financial crisis. As many as 30 banks may face some level of surcharges, according to a person familiar with the discussions.
BusinessWeek.com — Finance
Global regulators said banks deemed too big to fail must hold as much as 2.5 percentage points in additional capital as part of efforts to prevent another financial crisis.
BusinessWeek.com — Finance
European stocks were little changed near a three-month low as a rebound in mining companies and carmakers offset a retreat in banking shares amid concern the region’s sovereign debt crisis will worsen.
BusinessWeek.com — Finance