Dutch Regulator Says Banks Benefit More Than They Pay for

Banks will draw benefits from the European Central Bank’s direct oversight that will outweigh the extra supervisory costs they face, according to the Dutch central bank’s chief supervisory official. ... Read More

Barclays Manipulated Gold as Soon as It Stopped Manipulating Libor

If you were writing a paranoid fantasy of gold price manipulation you’d be hard pressed to come up with something more on the nose than the U.K. Financial Conduct ... Read More

Central Bank Gold Agreement

ECB and other central banks announce the fourth Central Bank Gold Agreement as follows: The European Central Bank, the Nationale Bank van België/Banque Nationale de Belgique, the Deutsche Bundesbank, ... Read More

Banks Cutting Spreads to Win Borrowers

Tighter spreads, lower credit line fees, fewer interest-rate floors, looser covenants — banks continue to ease terms to build their business loan books. CFOs that haven’t refinanced their company’s ... Read More
performance accounting

IASB starts ‘long journey’ to overhaul macro hedging

THE WAY banks account for financial risk is to fundamentally change as part on an overhaul to macro hedge accounting proposed by the IASB. Banks generally manage interest rate ... Read More
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Spanish banks face tough rivalry in small companies bet

Across Spain, the message is hard to miss in office windows showcasing offers: banks want to lend to small companies again. After gorging on property lending in the run-up ... Read More

Extra Rights Should Mean Extra Responsibilities

Ordinary people have suffered huge disruption to their lives through a loss of jobs & opportunity because of the colossal mistakes of self-declared ‘Masters of the Universe’ chasing ever-bigger ... Read More

The billion-dollar bash – how post-crisis investigation work is changing the way law firms advise banks

With banks setting aside eye-watering sums of money to meet liabilities generated by the fallout from the financial crash, in-house legal departments and law firms are having to rethink ... Read More
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