Crisis getting worse for global banks, says UBS
Insurers likely to encounter similar hurdles
Writedowns to trim operating profits
U.S. could face US$2 trillion lending shock
The European Central Bank published a report on EU banking sector stability, warning that short-term risks have increased.The report was prepared by the Banking Supervision Committee of the European System of Central Banks, which comprises representatives of EU national central banks and banking supervisory authorities and the ECB.The report reviews the financial condition of the […]
Majority of banks have adequate capital to absorb SIVs under a worst-case-scenario
Amendments aimed at aligning tax law with new ASB standards
Citigroup, Bank of America, J.P. Morgan Chase unite to buy distressed debt
Earnings likely to come under pressure at banks with substantial investment banking operations
Convenient services and innovative practices are key differentiators