The European Union’s top securities regulator is recommending the release of the bank stress-test results at night or on a weekend when global stock markets are closed, according to a person familiar with the situation.
BusinessWeek.com — Finance
Hong Kong ordered banks to conduct stress tests assuming customer withdrawals of as much as $ 89 billion over the next year, adding to signs of concern that lenders’ balance sheets have grown too fast.
BusinessWeek.com — Finance
European regulators will use a tougher measure of capital on 90 lenders in this year’s stress tests following criticism last year’s weren’t stringent enough.
BusinessWeek.com — Finance
Ireland may merge two of its biggest lenders as part of a raft of measures aimed at drawing a line under Europe’s worst banking crisis.
BusinessWeek.com — Finance
Ireland’s top finance officials will today seek to show investors, taxpayers and the rest of the euro region that the banking crisis that crippled what was once Europe’s most dynamic economy might be nearing an end.
BusinessWeek.com — Finance
Federal Reserve Bank of Boston President Eric Rosengren said regular “stress tests” may help financial institutions prepare for unexpected risks, such as fallout from a sovereign debt crisis or a disruption to the U.S. economy from state and local governments.
BusinessWeek.com — Finance
BankUnited Inc.’s initial public offering is likely to price above the forecast range while Ally Financial Inc. started interviewing banks for its own IPO, people familiar with the matters said.
BusinessWeek.com — Finance
Sweden’s four largest banks have ample capital buffers to pass Europe’s next round of tougher stress tests with a wide margin, central bank Deputy Governor Barbro Wickman-Parak said.
BusinessWeek.com — Finance
Feed
