Museum Opens Its Doors For Free Financial EducationMay 17, 2013As financial education becomes more paramount for financial institutions because of consumer and regulator demand, the Museum of American Finance is now offering an informative and unique financial education for free.
European Central Bank Sets Deadline for Cyprus Bailout DealMarch 21, 2013The European Central Bank
set Cyprus a Monday deadline to agree a bailout plan,
threatening to cut off funding to the islands' cash-strapped
banks if a programme is not agreed by then with the EU and the
IMF.
State-Free Bank Safety Net Still Work in Progress: RegulatorsMarch 13, 2013Reforms to the world's financial system still fall short of ensuring that big and systemically important banks will not need to be bailed out by governments if they fail, regulators say.
Cracks Appear in European Banking Union SchemeFebruary 08, 2013It was billed as a
reform that would tighten policing of Europe's banks and end
their ability to suck states into crisis. Now fears are growing
that a central element of banking union will be scaled back,
undermining the whole scheme.
Deutsche Bank Directors to Question BoardDecember 07, 2012Deutsche Bank's
directors will question the management board over claims the
lender failed to recognise billions of euros in unrealised
losses during the financial crisis, two sources said.
Franco-German Rift Threatens Plan for Banking UnionDecember 04, 2012Germany and France clashed
publicly on Tuesday over plans to put the European Central Bank
in charge of supervising banks, deepening a dispute over the
scope of ECB powers that threatens to derail one of Europe's
boldest reforms.
France's Rating Downgrade a Warning for BanksNovember 20, 2012French banks were reminded of
risks to their own growth and credit ratings when Moody's
stripped France of its triple-A badge because of an uncertain
fiscal and economic outlook.
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.
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.
Greek Banks NBG, Eurobank in Merger TalksOctober 05, 2012Two of Greece's biggest banks,
National and Eurobank, are in merger talks
to create the country's biggest lender, banking sources said on
Friday.
Doubts Plague Europe's Pledge For Banking UnionSeptember 18, 2012Concerns are growing among
European investors and lawmakers that plans for a eurozone
banking union will end up half-baked, with the financial
backstops required to underpin the ambitious scheme unlikely to
be in place for years.
U.K. Tells Banks to Cut Exposure to Euro Breakup RiskSeptember 06, 2012Britain's top banks have tens of
billions of euros in exposure to the risk of countries leaving
the euro or the currency union breaking up entirely, despite
intense pressure from the UK financial regulator to tackle the
problem.
Bank IT Spending on the RiseJuly 16, 2012Latin America and the Middle East are growth regions, while North America and Europe remain stagnate at best, according to an IDC financial Insights report.
SaveUp Flips Traditional Banking Rewards ModelNovember 03, 2011The new savings rewards program is partnering with financial institutions such as Bank of the West to offer consumers incentives for reducing debt and increasing assets.
