Gfma : News on the global financial markets
lundi 19 décembre 2011 GFMA- Other News
Talks reportedly progress on Greek debt
swap deal
Reuters (16 Dec.)
Barclays Capital named IFR's 2011 Bank of
the Year
International Financing Review (18 Dec.)
|
Basel Committee rejects use of consolidation
method
The Basel Committee on Banking Supervision said it would not allow
banks to increase their capital using the consolidation method, an
alternative way to calculate capital. Financial Times (tiered subscription model)(16
Dec.)
FSA proposes tougher lending standards for
mortgages
The Financial Services Authority has proposed tightening mortgage
lending standards to help prevent banks from returning to risky
practices that contributed to the global financial crisis. "While
the excesses of the pre-crisis period have largely disappeared from
the current market, it is important to ensure that better practice
endures in future when memories of the crisis recede," said Adair
Turner, chairman of the FSA. Bloomberg(19 Dec.), Bloomberg(19 Dec.), The Wall Street Journal/Dow Jones Newswires(18
Dec.), The Telegraph (London)(18 Dec.)
- Other News
Committee supports holding UK bank execs
liable for bad decisions
Financial Times (tiered subscription model) (19 Dec.)
Stark discusses reasons for surprise
resignation from ECB
The Washington Post/The Associated Press (18 Dec.)
|
China opens more channels for foreign
investors
China will allow foreign investors holding renminbi offshore to use
the money to buy equities on the mainland. The decision will
encourage more international use of the currency. Financial Times (tiered subscription model)(18
Dec.)