Showing posts with label banking. Show all posts
Showing posts with label banking. Show all posts

Monday, 13 September 2010

Global Bankers Agree New 7% Capital Reserve Rules


Bankers have agreed upon the new set of rules designed to prevent a repeat of the financial crisis.


Thursday, 9 September 2010

New Bank Cash Ratio 'to be Set at 7%'


Banks will now have to have $7 in their valuts for every $100 in customer's accounts.


The current ratio is only 2%.


This new rule is still to be ratified by G20 members.


Wednesday, 8 September 2010

Friday, 27 August 2010

The Banking Sector is Getting More Stressful...

The results of recent stress tests on banks have been announced and some European Union banks have failed.

A second credit crisis may have disasterous effects on the economy if further financial institutions cannot cope.

Read more...

Thursday, 26 August 2010

Banks to Pay the Cost of Future Crisis


Draft laws being proposed to impose a levy on banks that will cover the cost of future banking crises.
Read more here...