Commentary by Gordon Brown:* Europe Risks Going the Way of Japan September 14, 2012 By Gordon Brown The good news is that Europe is no longer going the way of Greece. The sad news is that it...
Cyber Surveillance Virus from Mideast Can Spy on Bank Transactions August 10, 2012 By Jim Finkle A new cyber surveillance virus has been found in the Middle East that can spy on banking transactions and steal...
U.S. Regulators Angered By N.Y. Action Against StanChart August 8, 2012 By Carrick Mollenkamp, Emily Flitter and Karen Freifeld The U.S. Treasury Department and Federal Reserve were blindsided and angered by New York’s banking regulator’s decision to launch an...
UK Bank May Have Hidden $250 Billion in Iran Deals; May Lose U.S. License August 7, 2012 By Carrick Mollenkamp and Jonathan Stempel New York’s top bank regulator threatened to strip Standard Chartered Plc of its state banking license, saying the British bank...
Obama Tightens Sanctions on Banks Helping Iran Sell Oil August 1, 2012 By Laura MacInnis and Roberta Rampton President Barack Obama announced new U.S. sanctions on Tuesday against foreign banks that help Iran sell its oil and said...
Recession, Libor, Facebook Punish Europe’s Banks August 1, 2012 By Katharina Bart and Edward Taylor Leading European banks reported dismal profits on Tuesday, blaming everything from the continent’s debt crisis and Spain’s property market crash...
Geneva Association’s Fitzpatrick Warns against Mixing Bank and Insurance Regs July 31, 2012 By Charles E. Boyle After 39 years of gathering, collating and disseminating the facts and figures relevant to the global insurance industry the world’s...
ECB Head Sends Strong Signal Bank Will Act to Protect Euro Zone July 26, 2012 By David Milliken and Olesya Dmitracova European Central Bank President Mario Draghi pledged on Thursday to do whatever was necessary to protect the euro zone from...
Geneva Association Survey Targets ‘Inappropriate Regulation,’ Economic Crisis July 18, 2012 A bulletin from the insurance think tank The Geneva Association notes that “leaders of the insurance industry have significant concerns...
Euro Zone May Be Fragmenting Faster than EU Can Act July 10, 2012 By Paul Taylor Signs are growing that Europe’s economic and monetary union may be fragmenting faster than policymakers can repair it. Euro zone...