Financial crisis easing, Geithner says
Stress testing should be fully integrated in banks’ governance frameworks
Rating agency affirms ratings for Canadian banks
Fitch Ratings has placed the ratings of nine U.S. banking companies and their subsidiaries on Rating Watch Negative, based in its view that they may be more vulnerable to the credit cycle, the rating agency said Friday.The affected banks are: BB&T Corp., Discover Financial Services, Fifth Third Bancorp, KeyCorp, M&T Bank Corp., Popular, Inc., Regions […]
Despite the cautious optimism creeping into the financial markets following the U.S. bank stress tests, Standard & Poor’s Ratings Services says it believes that banks are far from a recovery, and the banking crisis has merely entered a new phase.The rating agency notes that it’s still difficult to predict how long this latest phase will […]
Prolonged crisis has stretched government resources
Proposed fixed would increase capital requirements in booming economies and decrease those requirements in strained ones
Wells Fargo, Morgan Stanley to issue common shares
Boards need to increase their involvement in setting risk appetite, overseeing management and compensation
Regulators call on banks to raise US$75 billion