Europe Seeks to Break Logjam Over Regime to Control BanksNovember 13, 2012EU finance ministers sought on
Tuesday to break an impasse over a new regime to supervise
banks, but with much of the plan contested, the European Union
risks seeing this centrepiece reform unravel.
CFPB Official to Leave at End of JanuaryNovember 12, 2012Raj Date, a top official at the U.S.
Consumer Financial Protection Bureau, plans to leave at the end
of January, a spokeswoman for the agency said on Monday.
U.K. Finance Bonuses to Plummet as London Loses GroundNovember 12, 2012Bonuses for 2012 in London's
financial sector will more than halve to 1.6 billion pounds
($2.5 billion) in total, a study found, and some shareholders
are urging banks to cut pay even more.
RIM to Introduce New BlackBerry 10 Devices on Jan. 30November 12, 2012Research In Motion Ltd
plans to introduce its new line of BlackBerry 10 smartphones on
Jan. 30, the company said on Monday, giving investors a measure
of confidence that the long-awaited devices are nearing
completion.
U.S. Bank Regulators Say Capital Rules Won't Take Effect Jan. 1November 09, 2012U.S. banking regulators do not
expect proposed rules requiring financial institutions to hold
more capital to take effect at the start of next year, three
agencies said on Friday.
New Mobile Payments Platform for EMV CardsNovember 09, 2012VeriFone's SAIL EMV payments platform offers a solution that plugs into tablets and smartphones for accepting chip-and-pin payments.
Square Wallet Now Accepted at StarbucksNovember 08, 2012After the partnership between Square and Starbucks last summer, Starbucks customers can now pay for their coffee in-store with the Square Wallet.
PNC Names New Head of Operations and TechnologyNovember 07, 2012PNC names new head of operations and technology; seasoned financial services IT executive Steven Van Wyk leaves ING to replace Vice Chairman Thomas Whitford, who is retiring.
MasterCard and ING Launch EMV Internet Payments TrialNovember 07, 2012The solution being tested in the trial supports two scenarios: Consumers shopping and paying on a phone; and shopping on a PC or tablet, and then completing the payment step on their phone.
Election Gamble Backfires for Banks, Energy FirmsNovember 07, 2012Some urgent bridge-building will be required in the coming
days if they are to influence financial regulation and energy
policy over the next four years
Ex-UBS, Credit Suisse Banker Pleads Guilty in U.S. Tax ProbeNovember 06, 2012A former banker at giant Swiss financial
institutions UBS AG and Credit Suisse Group AG
pleaded guilty on Tuesday to helping wealthy Americans
hide millions of dollars from U.S. tax authorities during his
time at UBS.
Women Challenge Central Banking Men's ClubNovember 05, 2012When the European Parliament
turned Yves Mersch down for a top central banking post, it
wasn't because he lacked the expertise or experience; they
rejected him because he is a man.
Citi, Chase Among Banks That Must Hold Most Extra Capital, Regulators SayNovember 01, 2012Citigroup Inc, Deutsche Bank
, HSBC and JPMorgan Chase & Co will
need to hold the most extra capital of 28 banks considered so
large and complex they need an extra buffer to absorb potential
losses, global regulators said on Thursday.
Banks Recovering From Sandy AftermathOctober 31, 2012Major U.S. banks said on Wednesday they
had reopened more than half of the branches that were closed as
Hurricane Sandy battered the U.S. East Coast earlier this week.
