Hints and tips:
Related Special Reports
...To get the merger approved, Capital One is making a case that there is little overlap between the two banks’ credit card businesses....
...JPMorgan Chase spent about a year discussing a possible deal with Discover Financial before Capital One agreed a $35bn bid for the credit card company, as the largest US bank pursued ways to get control...
...The top three executives at some of China’s leading state-backed brokerages, including CSC Financial, Citic, China International Capital Corporation (CICC), Huatai Securities and Guotai Junan Securities,...
...China International Capital Corporation says south-east Asia has only seen the “tip of the iceberg” of Chinese companies wanting to explore opportunities in the region, as the state-backed investment bank...
...The Basel Committee, known as the world’s most powerful financial regulator, includes regulators from 28 large economies and sets global policies, including on how much capital banks must hold....
...In debt financing, default rates are a guiding metric for investors, measuring how often a financial obligation is unmet....
...When the bill comes due, Capital One Financial will need to show it has the funds....
...The package of 22 recommendations, which will be submitted for discussion in the Swiss parliament, includes bolstering the powers of Finma, the financial regulator, as well as tightening capital requirements...
...UBS chair Colm Kelleher has said the bank is “seriously concerned” about proposed new Swiss financial rules that would significantly increase its capital requirements....
...McKernan told the Financial Times he wants to monitor compliance with those “passivity letters” by asset managers....
...of the 2008 financial crisis....
...US lender Capital One has agreed to buy rival Discover Financial for $35.3bn, in an all-stock tie-up that is set to unite two of America’s largest credit card companies....
...Short-term funding markets have become more fragile largely because of a recent shift in the constitution of the financial system: the segregation of bank capital by jurisdiction....
...Capital One’s $35.3bn proposed takeover of Discover Financial Services would fuse two leading credit card lenders and give it control of a network that connects consumers, merchants and banks....
...Bank of America, the nation’s second-largest lender, said as it reported results on Tuesday that new loan growth stalled in the quarter, with BofA’s chief financial officer Alastair Borthwick calling lending...
...These customers carry lower costs of capital than banks, making them a good home for many loans, Gray told the FT last May....
...Bank of America analysts said the capital raise and new leadership should “provide breathing room” to the bank....
US manager known for aggressive approach bets markets are too pessimistic about potential losses on utility’s debt
...Some banks are stressed too: the New York Community Bank was recently forced into an emergency $1bn capital raise due to CRE losses, and this week the Klaros Group warned that more than 250 small banks out...
...While combating global warming is a priority at Banga’s World Bank, there have been other motivations at work in stimulating private capital....
...If the guidelines come into force, it will be the first time since the financial crisis that the watchdog has updated its rules governing takeovers....
...Basel III bank capital reforms, first proposed in July last year, have sparked an intense battle between banks and their regulators....
...China Construction Bank has filed a winding-up petition in Hong Kong against property developer Shimao in a rare case of a major state-owned financial institution initiating offshore legal action against...
...The start of the year is typically a strong period for banks’ trading businesses with clients returning in January and taking new financial bets, but markets have lacked much of the frenzy of the past few...
...And Webster Financial is highly concentrated in CRE, at 265 per cent of capital....
International Edition