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GFS has now closed
Global Financial Strategy was set up in April 2010 and closed at the end of January 2012.
Tucker: Resolution regime ‘top priority’
The UK’s central bank deputy governor says a credible resolution regime for failed banks is the highest priority in regulation and has called for a simplification of too-big-to-fail entities.
Fitch downgrades Belgian banks
Fitch has slashed the long-term issuer default ratings on Belgium’s two largest banks, Dexia and KBC, following the agency’s recent downgrade of Belgium’s sovereign rating.
Sharon Bowles - photo by European Commission Bowles blasts lack of women at ECB
Leading MEP Sharon Bowles has blasted the European Central Bank for being completely dominated by men and having a “blatant disregard” for gender balance.
Barnier warns on further bonus reforms
Michel Barnier - photo by European Commission Tuesday 31 Jan 2012 | Andrew Hickley
Internal market commissioner Michel Barnier has warned that Europe’s banking industry will face more reforms if banks continue to pay bonuses that go “against morality”.
FSB urges Canada for one securities regulator
Tuesday 31 Jan 2012 | Andrew Hickley
Canada has been urged to establish a single national securities regulator despite being praised for its oversight of firms in the lead-up to the financial crisis.
Saudi Arabia increases central bank role
Monday 30 Jan 2012 | Karina Whalley
The Saudi Arabian central bank is to step up its supervisory power over the country’s financial sector in a bid to enhance financial stability.
Shanghai boosts global financial status
Monday 30 Jan 2012 | Karina Whalley
Shanghai has announced a raft of proposals aiming to catapult the city to premier global financial centre status including rapidly boosting its capital markets and opening them up to foreign investment by 2015.
FSA appoints senior investment bank adviser
FSA building - photo by FSA Monday 30 Jan 2012 | Karina Whalley
The UK’s Financial Services Authority has ushered in a new investment banking senior adviser, former banker Will Samuel.
Davos stalemate on EU’s IMF funds
Monday 30 Jan 2012 | Karina Whalley
The UK and other G20 countries said they will not help to bolster the International Monetary Fund until the eurozone’s member states contribute more of their own funds.
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