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14 Jan 2008, 5:10 am
Citigroup’s attempt to get a $2 billion investment from the China Development Bank may have hit an obstacle in the form of new opposition from within the Chinese government. [read post]
18 May 2021, 9:00 am by Mindy Harris
Requirements include “an effective risk management framework and governance arrangements to ensure that the institution operates in a safe and sound manner”, that the applicant be “in sound financial condition, including maintaining adequate capital…and sufficient liquid resources”, and that the applicant have “a business continuity plan” to “ensure the institution can resume services in a reasonable timeframe. [read post]
11 May 2023, 12:36 pm by The White Law Group
More than a dozen banks agreed to pay a total of $1.8 billion for similar violations last year. [read post]
On 21 January 2020, the European Central Bank (ECB) published a letter from Andrea Enria, ECB Supervisory Board Chair, to significant institutions supervised under the Single Supervisory Mechanism (SSM) regarding variable remuneration policies. [read post]
28 Feb 2024, 9:45 am by Simon Lovegrove (UK)
On 27 February 2024, the European Parliament published the text of a legislative resolution confirming that it had adopted at first reading the attached text of the proposed Directive amending the Bank Recovery and Resolution Directive and the Regulation establishing the Single Resolution Mechanism, as regards certain aspects of the minimum requirement for own funds and eligible liabilities. [read post]
The EBA currently appears to use two reference points for Class 2 firms: a direct comparison with the regime for banks (despite the impetus for this process being the unsuitability of applying the banking regime to investment firms); and maintaining the current level of capitalisation (albeit focussed in a new fashion using the K-factors). [read post]
30 Nov 2018, 5:54 am by Simon Lovegrove (UK)
On 30 November 2018, the European Banking Authority EBA published an updated overview of Member States implementation and transposition of the CRD IV and CRR. [read post]
1 Oct 2013, 6:00 am by Matthew Tolve
The bank had disclosed that it was exposed to billions worth of securitized assets, including “US securitization of residential mortgages. [read post]
16 Aug 2012, 5:46 pm by George David Wilson
BANK OF AMERICA CORPORATION et al (Closed) 1:11-cv-02613 in S.D.N.Y., FTC Capital GMBH et al v. [read post]
6 Jan 2010, 7:18 am by admin
Had capital been tangible, banks would have been geographically bounded, and being so bounded, would have been forced to find their investments at home. [read post]
10 Feb 2010, 5:49 am by Keith Griffin
  As reported Feb. 9 by Times Union.com, bank records show that Bass allegedly used $169,858 of investors’ deposits to finance the purchase of his upscale home in Menands, and that at least $700,000 of investors’ money was disbursed to Bass. [read post]
22 Dec 2017, 8:35 am by Sam Grice
This article is one in a series covering commercial real estate investment banking. [read post]
13 May 2008, 10:06 pm
Lee Partners and Bain Capital, with the Clear Channel shareholders getting $36 per share (or the option for equity in the post-acquisition entity). [read post]
24 May 2018, 9:37 am by Simon Lovegrove
On 23 May 2018, the European Banking Authority (EBA) updated the list of Other Systemically Important Institutions (O-SIIs) in the EU. [read post]
7 Apr 2021, 8:55 pm by Simon Lovegrove (UK)
On 6 April 2021, the Bank of England (BoE) issued a statement concerning the Government’s Recovery Loan Scheme (RLS). [read post]
8 Jun 2010, 11:41 am by Adam Levitin
  That's the nature of capitalismbank have a right to make a profit, but only through fair and legal competition. [read post]