EU Should Revisit Bank and Insurer Capital Rules: French President Macron April 26, 2024 French President Emmanuel Macron called on Thursday for a revision of how Europe applies minimum capital rules to banks and...
Global Basel Committee Bolsters Rules for Supervising Banks, Non-Bank Sector April 26, 2024 By Huw Jones The world’s forum for banking regulators on Thursday tightened up its rulebook to focus better on spotting risks from climate...
Citi’s CEO Fraser Wary of Insurance Giants’ Role in Private Credit April 25, 2024 By Nicholas Comfort Citigroup Inc. Chief Executive Officer Jane Fraser warned that there’s a risk to the growing number of insurers piling funds...
Germany’s Talanx Invests in Renewable Energy to Counter Low Interest Rates September 16, 2015 By Brian Parkin Talanx AG, the German insurance company buying into its first offshore wind farm, said it’s likely to purchase more renewable-energy...
China: Domestic Insurers Must Boost Capital to Cover Shadow-Banking Risk March 4, 2015 By Lianting Tu China’s Premier Li Keqiang has told the world’s fastest-growing major insurance industry to boost capital as rating companies warn of...
U.S. Regulators Urge Flexibility in Basel III Rules for Banks, Insurers November 30, 2012 By Emily Stephenson U.S. lawmakers and state financial regulators on Thursday called on federal officials to revamp proposed rules that would force financial...
FDIC Director Says U.S. Should Reject Basel III Pact September 17, 2012 By Alexandra Alper and Huw Jones The United States should reject Basel III bank capital standards if the international panel that drafted them does not make...
Financial Services Oversight Rules Possible This Week December 19, 2011 By Dave Clarke The Federal Reserve is expected to release this week a highly anticipated proposal for how it will oversee the largest...