Updated version of first memo published on 15 April 2014: Deposit Guarantee Schemes - Frequently ...

Edit Public Technologies 24 Nov 2015
In addition to ex ante contributions, if necessary, banks will have to pay additional (ex post) contributions to a certain extent, which will be limited in order to avoid pro-cyclicality and worsening financial situation of healthy banks ... Finally, in order to fulfil their obligations to reach the required target funding level, Member State may regard bank levies as equivalent to ex ante funds....

UPDATE 1-Alibaba steps up China online finance network push with new index, bank

Edit Reuters 09 Apr 2015
* Ant executive says internet bank to go live in June. * Ant keen to monetise more data and fin products with 3rd parties (Recasts, adds Ant bank launch in June) ... Also on Thursday, the general manager of Ant's finance division, Yuan Leiming, told Reuters in an interview that online bank MYbank will be launched in June ... Ant's and Tencent's online banks ......

Draghi Stress Tested as BOJ-Riksbank Moves Pressure ECB

Edit Bloomberg 03 Nov 2014
As Draghi’s European Central Bank announced the results of a healthcheck into the region’s banks last week and kept buying covered bonds, his counterparts in Japan and Sweden upped the ante. The Bank of Japan expanded its stimulus and the Riksbank cut its benchmark interest rate to zero ... “For a central bank hopeful that widening rate differentials ......

Alibaba and Juneyao get nod to set up private banks

Edit South China Morning Post 29 Sep 2014
Zhejiang Ant Small & Micro Financial Services Group, an Alibaba affiliate that contains the company’s Alipay payment-processing and financial services arm, would hold 30 per cent of the bank, the regulator said ... The other shareholders in the Zhejiang Ant bank will be ... Other stakeholders will be audited by the Zhejiang banking regulator....

Euro slips on caution ahead of ECB; yen eases vs dollar

Edit Reuters 03 Apr 2014
SYDNEY/SINGAPORE (Reuters) - The euro inched lower versus the dollar on Thursday, staying on the defensive as the market turned cautious on expectations the European Central Bank may sound dovish following its policy review later in the day. While most analysts do not think the ECB will ease this week, recent price data have upped the ante for the bank to do more soon to tackle the threat of deflation....

FOREX-Euro slips on caution ahead of ECB; yen eases vs dollar

Edit Reuters 03 Apr 2014
SYDNEY/SINGAPORE, April 3 (Reuters) - The euro inched lower versus the dollar on Thursday, staying on the defensive as the market turned cautious on expectations the European Central Bank may sound dovish following its policy review later in the day. While most analysts do not think the ECB will ease this week, recent price data have upped the ante for the bank to do more soon to tackle the threat of deflation....

FOREX-Euro loses verve as caution sets in before ECB review

Edit Reuters 03 Apr 2014
By Ian Chua. SYDNEY, April 3 (Reuters) - The euro nursed modest losses early on Thursday, having come under pressure as the market turned cautious on expectations the European Central Bank may sound dovish following its policy review later in the day. While most analysts do not think the ECB will ease this week, recent price data have upped the ante for the bank to do more soon to tackle the threat of deflation ... jobs data ... 26 ... U.S....

Risk officers rise up food chain at banks

Edit Independent online (SA) 17 Mar 2014
Industry-wide investigations into alleged exchange rate manipulation, trading scandals at UBS, Société Générale and JPMorgan Chase and HSBC’s $1.9 billion (R20.2bn) fine for lax money-laundering rules have upped the ante for banks already under pressure to curb reckless behaviour that led to the financial crisis....

RPT-Banking's back room risk cops step into top jobs

Edit Reuters 17 Mar 2014
Industry-wide investigations into alleged exchange rate manipulation, trading scandals at UBS, Societe Generale and JPMorgan and HSBC's $1.9 billion fine for lax money-laundering rules have upped the ante for banks already under pressure to curb reckless behaviour that led to the financial crisis ... The new rules demand that banks take fewer risks, assess loans more closely and hold more accessible capital as a buffer against bad bets....

Banking's back room risk cops step into top jobs

Edit Hartford Courant 16 Mar 2014
... the ante for banks already under pressure to curb reckless behavior that led to the financial crisis....

Banking's watchdogs now top dogs

Edit Stuff 16 Mar 2014
Industry-wide investigations into alleged exchange rate manipulation, trading scandals at UBS, Societe Generale and JPMorgan and HSBC's US$1.9 billion ($2.23b) fine for lax money-laundering rules have upped the ante for banks already under pressure to curb reckless behaviour that led to the financial crisis. Now watchdogs and central banks want to ......

Banking's risk cops step into top jobs

Edit Independent online (SA) 16 Mar 2014
Industry-wide investigations into alleged exchange rate manipulation, trading scandals at UBS, Societe Generale and JPMorgan and HSBC's $1.9 billion fine for lax money-laundering rules have upped the ante for banks already under pressure to curb reckless behaviour that led to the financial crisis ... The new rules demand that banks take fewer risks, assess loans more closely and hold more accessible capital as a buffer against bad bets....

Banking union : a major step towards a stable European banking system (FBF - Fédération Bancaire Française)

Edit noodls 20 Dec 2013
The French Banking Federation (FBF) welcomes the progress made by the Finance Ministers of the European Union in the implementation of a European Banking Union.It underlines the major financial impact that the introduction of the future single resolution fund, which will be financed ex-ante by the banks, will have on their operating statements and equity....
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