European Central Bank (ECB) President Mario Draghi testifies before the European Parliament's Economic and Monetary Affairs Committee in Brussels, Belgium February 6, 2017. REUTERS/Yves Herman ...
It would be a mistake for regulators in the U.S. and Canada to delay the rollout of rules supporting open banking, writes Steve Boms of the Financial Data and Technology Association of North America.
Federal Reserve Vice Chairman for Supervision Randal Quarles is scheduled to testify before the Senate Banking Committee Tuesday that the Fed is looking at revising "asset-size and other thresholds in ...
The Federal Reserve proposed on Wednesday loosening rules for 16 financial institutions, an important move forward in the Trump administration’s effort to roll back bank regulation. The Fed’s ...
Switzerland’s longstanding banking secrecy laws are about to become as holey as Swiss cheese after authorities caved in to pressure from international tax authorities. Swiss President Hans-Rudolf Merz ...
BRUSSELS (Reuters) - Financial regulation since the global financial crisis underpins stability and the idea of relaxing bank rules is 'very worrisome', European Central Bank President Mario Draghi ...
Perhaps the most significant change concerned a rule aimed at making sure banks have enough cash in times of crisis. The rule, known as the liquidity coverage ratio, requires banks to stockpile ...
BRUSSELS (Reuters) - Financial regulation since the global financial crisis underpins stability and the idea of relaxing bank rules is 'very worrisome', European Central Bank President Mario Draghi ...