U.K. regulators outline banking-system changes

Article Abstract:

Proposed changes to UK banking regulations may provide the Financial Services Authority and the Bank of England with greater powers. The FSA would be able to require banks to provide additional evidence that they are complying with financial stability standards, while the Bank of England may be allowed to offer covert liquidity aid to banks, and be relieved of its obligation to publish weekly returns.

Strategy & planning, Planning, Company business planning, United Kingdom. Financial Services Authority, United Kingdom. Bank of England

---

Banks might widen real-estate role

Article Abstract:

The decision by the Office of the Comptroller of the Currency to allow two national banks to develop and own large real estate properties is discussed. Though names of the banks have not been officially announced, it is reported that officials have identified them as PNC Financial Services Group Inc. and Bank of America Corp.

United States, Public Finance Activities, Government expenditures, Facilities & equipment, Other Activities Related to Real Estate, REAL ESTATE, Real Estate Services, Comptroller of the Currency, Interpretation and construction, Real estate industry, Buildings and facilities, Diversification in industry, Industrial diversification, Bank of America Corp., BAC, National banks, PNC Financial Services Group Inc., United States. Office of the Comptroller of the Currency

---

Argentina sets limits to halt run on banks

Article Abstract:

Argentina limits the amount of funds that can be withdrawn from bank accounts in an attempt to stabilize the economy and prevent a run on financial institutions.

Commercial Banking, Argentina, Commercial banks

Similar abstracts:

• Abstracts: Regulatory delays shortfall in capacity stall new drugs. Glaxo drug's new version gets 'approvable letter' from U.S
• Abstracts: Liquidators of BCCI plan to pay creditors. Ericsson's loss widens on weak demand
• Abstracts: Drug giants agree to settle pricing suit. Boehringer to share Mobic rights in U.S. Baxter concedes its filters do figure in patients' deaths; inquiry finds some fluid used to test dialyzers failed to evaporate
• Abstracts: Impasse over assembly access. Architects urged to join campaign to fight Palestinian 'prison' policy
• Abstracts: Progress is patently pending. Flights of fantasy

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.