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Banks Face Higher Capital in Future Global Overhaul
www.bloomberg.com
[Bloomberg] - The delay to an across-the-board capital increase is welcome, as “an important signal for crisis management in the current situation,†Bundesbank Vice President Franz-Christoph Zeitler said in an e-mailed statement. The decision “counters the ...
FSA Reviewing Actions Against Senior Bank Managers
www.bloomberg.com
[Bloomberg] - “While the FSA may bring more of these actions, they can be harder cases to prove,” said Ian Mason, a partner at Barlow Lyde & Gilbert in London and a former FSA enforcement director. “Although the FSA has already brought a number of cases against ...
FSA Drafts Code for Pay and Bonuses, Avoids Caps
www.bloomberg.com
[Bloomberg] - “It’s more prescriptive than it suggested in October, but that’s not surprising,” said Darren Fox, a regulatory lawyer at Simmons & Simmons. If the FSA told banks to increase their capital to make up for perceived risky remuneration models, ...
Getting away from it all at lush New Zealand island | The Seattle...
www.seattletimes.com
Pilot Raymond Hector banks his nine-passenger plane wide over the ocean, heading for a beach landing on rugged Stewart Island in southern...
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