Not banks alone
BANKS are often cast as villains for failing to allocate credit to priority sectors — small businesses, agriculture, and housing — where, in advanced economies, lending reaches as high as…
European banks’ record takings fuel M&A talk as pressures on industry persist
For years, pressure on European banks and asset managers to bulk up to better compete with US rivals has been mounting. This year may mark a turning point as more…
Exodus by Wall Street banks from climate group worries advocates
US lenders have been rushing in recent weeks to leave one of the world’s top banking sector climate coalitions, drawing scorn from campaigners who worry the industry is losing resolve…
Regional banks brace for tougher capital rules, get relief from Fed cuts
US regional banks preparing for higher capital requirements will get some relief from the Federal Reserve’s jumbo rate cut. As lenders gear up to report third-quarter earnings this month, monetary…
Running banks and airlines
THE provinces are already running banks: Bank of Punjab, Sindh Bank and Bank of Khyber. Balochistan is the only province that does not have a bank of its own, but…
Foreign lenders lured by rare stake sales in India banks, but tighter rules weigh
Talks to sell majority stakes in two Indian banks have attracted interest from foreign peers in Japan and the Middle East betting on a fast-growing economy, but tighter regulations and…
Milk banks
FROM the 1950s onwards, it became common practice to feed formula milk to babies, even newborns. Many women considered breastfeeding to be outdated or unnecessary, or they were ill and…
In the Market: How regulators are using banks to illuminate shadow banks
The Federal Reserve has proposed new rules that would allow it to gather granular details about banks’ exposure to shadow banks, a move that shows how regulators are trying to…
Fed considers rule tweak that could save biggest US banks billions in capital
The US Federal Reserve is considering a rule change that could save the country’s eight largest banks combined billions of dollars in capital, in a potential long-sought win for the…
A year on from Credit Suisse’s rescue, banks remain vulnerable
A year after the banking crisis that felled Credit Suisse, authorities are still considering how to fix lenders’ vulnerabilities - including in Switzerland, where the bank’s takeover by rival UBS…
