Chinese authorities warned potential problems the Chinese banks could face if they don't beef up their capital requirements but Factbox figures from Reuters revealed a different scenario.
Tags: Banks
Tokyo Electric receives reprieve from debt through roll overs
Tokyo Electric's debtors allow debt roll over for the stricken power utility firm. Twenty eight financial institutions, including Sumitomo Mitsui Banking Corp have agreed to roll nearly a JPY77 billion or USD783 million syndicated loan for Tokyo Electric Power Co due to become mature by month's end.
Essent engages top banks for IPO
Mortgage insurance firm Essent added Wells Fargo into its list of underwriters together with Bank of America, JPMorgan Chase and Barclays.
Taiwanese banks not the promised venues for foreign investors
Taiwan's banks have become minefields for private equity companies. The banks of Taiwan, once seen as avenues to inroads towards China, have increasingly become minefields for private equity firms.
Barclays Plc freeze accounts of its clients in the UAE
After its announcement of its closure of banking operations, Barclays Plc had begun freezing its customers accounts.
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A Reuters analysis revealed that Beijing was looking to private capital to strengthen the balance sheets of Chinese banks.
The First Gulf Bank said it is not interested to bid for Barclays business in the UAE. The First Gulf Bank, a lender based out of the United Arab Emirates, said it has no plans to bid for the retail banking operations of Barclay in the country.
A settlement was reached between a consortium of banks and liquidators over the current legal dispute over the collapse of the Bell Group of Australia.
Jim Yong Kim, World Bank Group President, says that there is still risk present even as China reaches and surpasses its 2013 growth target.
According to Thomas Jordan, Swiss National Bank Chairman, said there is a lot that needs to be done before banks can avoid harming the general economy.
The Bank Recovery and Resolution Directive for all EU members to recognize the Single Resolution Mechanism would be created after the German elections.
Indian banks are seeking to set up shop in Mauritius in order to gain from possible business the African continent would provide.
The standoff on the M&A deals in the mining sector has tested the patience and skills of bankers. The standoff between buyers and sellers in the mining sector has put the skills and patience of bankers to the test.
UK banks would need another GBP50 billion on top of GBP13.7 billion to comply with both Basel III and Basel IV.
