Global bank regulators warned the European Union it risked watering down agreed bank capital rules designed to avert another financial crisis and called for more consistency in implementing the regulations.
The American Bankers Association and The Financial Services Roundtable announced they have applied to the Internet Corporation for Assigned Names and Numbers (ICANN) for the right to operate two new Web domains.
Spain took over Bankia, the
country's fourth biggest lender, on Wednesday, trying to dispel
concerns over the government's ability to clean up the financial
sector four years after the banks were hit by a property market