On Thursday, the Swiss National Bank announced that Credit Suisse and UBS must cut their debt levels that still top international rivals.
Finance/Venture
Bank Regulators Studying Increasing Simple Leverage Ratio
Bank regulators are now considering increasing the simple leverage ratio to 6%. (Photo : REUTERS)The JP Morgan Chase & Co. headquarters is pictured in New York In a surprising move, US regulators are now studying a proposal to double the minimum capital requirements for its largest banks.
China's Cash Shortage Stretching Communist Party Leadership
The contraction of the economy and cash shortages have been stretching the management abilities of the newly installed leadership of the Chinese Communist Party.
Fed Reserve Remarks Causes Fall in Worldwide Financial Markets
Fed Reserve Chairman Ben Bernanke's remarks have caused major tumbles in world financial markets.
Apax Partners closes fund at US$7.5 billion
Apax Partners' Apax VIII fund closed at US$7.5 billion. (Photo : Reuters)This is the logo of Apax Partners. Apax Partners, a globally leading private equity firm, said on Friday that it has received US$7.
Latest News
Stock markets from Asia and Australia prepared for a decline after the United States began to withdraw stimulus.
Swedish big banks' capital strength are more vulnerable to risk than what appears on paper. (Photo : Reuters)The image is the face of a Swedish kronor bill.
Investors are pulling back from placing bets on emerging markets due to risks brought about by China.
Two high-frequency traders are seeking a merger. (Photo : Reuters)A handshake denotes a partnership between entities. RGM Advisors LLC and Allston Trading LLC are discussing future merger plans.
Banks from Switzerland are being pressured by European and United States governments to release private information.
The US and European governments won't be able to make any significant cut back on its deficits, according to investors.
The IMF released Ireland's aid fund for its bailout due to 'steadfast' economy. (Photo : REUTERS)The Irish flag flies above the General Post Office on O'Connell Street in Dublin The International Monetary Fund announced its approval of Ireland's bailout program.
Stephen Poloz, new central bank chief for Bank of Canada said on Wednesday that the bank can no longer rely on its usual models to assess the economy.
The US economy remained stuck at a sluggish pace after the Federal Reserve chairman suggested the US central bank was prepared to reduce its bond acquisitions.
