American banks should ringfence their riskier investment banking operations, says the US regulator that wants the to adopt restrictions similar to those proposed by Britain View full post on Financial Times – UK Homepage
Loophole fears over Vickers bank rules
Concerns are raised about rules allowing banks in the EU to operate in each other’s markets as branches, rather than subsidiaries that would have to play by UK rules View full post on Financial Times – UK Homepage
EU rules out interim aid for Portugal
Top EU officials have downplayed the likelihood of interim aid for Portugal ahead of June’s election there, insisting that they intend to negotiate a bail out package which could be given cross-party support View full post on Financial Times – UK Homepage
Your Money: Guide to New Credit Card Rules – NYTimes.com
New York Times columnist Ron Lieber finds that there is some cause for concern in the sweeping credit card legislation that passed the Senate on Tuesday. Related Article: tinyurl.com
Spain brings in new bank capital rules
A new law has been approved obliging Spanish banks to reinforce their capital by September or face partial nationalisation in the latest step in a plan to restructure the savings bank sector View full post on Financial Times – UK Homepage
UK entry rules set to be relaxed for the super-rich
Move comes as government slashes foreign student numbers in attempt to reduce yearly net migration to the ‘tens of thousands’ View full post on Financial Times – UK Homepage
UK entry rules set to be relaxed for super-rich
Move comes as government slashes foreign student numbers in attempt to reduce yearly net migration to the ‘tens of thousands’ View full post on Financial Times – UK Homepage
Army rules out force against protesters
First explicit confirmation by army, the largest and most respected component of Egypt’s security apparatus, that it would hold back View full post on Financial Times – UK Homepage
Goldman president warns on bank rules
A top Goldman Sachs executive has warned that the drive to impose more regulation on banks could cause the next crisis by pushing risky activities towards hedge funds View full post on Financial Times – UK Homepage
Tough rules backed on US bank trading
Financial regulators moved towards tough prescriptions on banks’ trading activity, which could push more activity out of Wall Street and swell back office costs View full post on Financial Times – UK Homepage