FSLRC report: RBI's authority in question

Petronet LNG is banking high on its upcoming terminal in Kochi which is likely to be commissioned by July. In an interview with CNBC-TV18, RK Garg, director-finance at Petronet LNG said that initially it will cater to few customer and later when it gets ...

Within the next few weeks, the European Commission is due to announce plans for a single bank-resolution authority for the euro area, a reform that is crucial for maintaining confidence in Europe's financial system. Germany's finance minister, ...

EU Rehn: Commission Finalizing Legal Analysis on Banking Union (MORE TO FOLLOW) Dow Jones Newswires

EU Rehn: Commission View that All Banking Union Elements Possible within Existing Treaty (MORE TO FOLLOW) Dow Jones Newswires

New proposals drafted by the European Commission that would allow Europeans to switch bank accounts across borders without charge might bring an end to free bank accounts in the UK, experts are warning. In its draft laws published yesterday, ...

BERLIN, May 8 (Reuters) - People involved in negotiating a European banking union are discussing entrusting the European Commission or the euro zone's bailout fund with winding down ailing banks rather than creating a separate authority, a German ...

British Parliamentary Commission on Banking Standards accused former chairman Dennis Stevenson and past chief executives James Crosby and Andy Hornby of failures in judgment and an "incompetent and reckless board strategy" that led the bank to the brink of ...

European Central Bank policymaker Joerg Asmussen threw his weight behind demands by France and the European Commission for swift establishment of a single supervisory authority and resolution regime for euro zone banks next year. "We want a single ...

Reset GENEVA: A study commissioned by a global banking lobby group has found that banks pose a greater systemic risk than their commodity trading house competitors do. The report has not been made public, its author said.Craig Pirrong, a University ...