Banking
Buba to be sole banking regulator
Germany’s incoming coalition government strips Bafin, the country’s financial services authority, of remit to regulate banks
Islamic finance inherently robust: Malaysia’s Zeti
Malaysia’s central bank governor says fundamental Islamic principles set out a resilient strategy for risk management
Raise liquidity rule for property funds – Buba
Analysis of German real-estate funds during the crisis shows that regulators should impose a higher liquidity ratio, a new paper from the Deutsche Bundesbank argues
Nomura deputy says thanks for Lehman
Nomura's UK vice chair says he is “extraordinarily grateful” for biggest bankruptcy in history, says bankers not greedy, just playing by the rules
Tucker: “no clear idea” on too-big-to-fail fix
Bank of England's Paul Tucker acknowledges lack of clarity in solving too-big-to-fail problem
Nigeria removes three more bank bosses
Phase two of the Central Bank of Nigeria’s special examination shows four more banks were in dire straits
FSA’s tough liquidity requirements spook bankers
The Financial Services Authority’s tightened liquidity rules could impede recovery, says trade group
Bankers play down moral hazard
Institute for International Finance says banks will not take advantage of too big to fail, says capital rules could hinder growth if too harsh
Buba’s Weber charts history of regulation
History points to regulation’s frailties, notes Bundesbank’s Axel Weber
ECB’s Tumpel-Gugerell presents path to better banking
European Central Bank executive board member spells out how banks’ business models need to change
Fed to intervene on pay, UK minister dismisses bankers’ “talent”
Federal Reserve to have authority on compensation, Wall Street Journal reports as British minister says bankers undeserving of high rewards. Moves part of global outcry over bankers’ bonuses
Fed governor pans accounting developments
Federal Reserve’s Elizabeth Duke says both FASB’s and IASB’s new approaches raise “number of concerns”
Bank’s Haldane stresses limits of regulation
Rules alone will not be enough to restore trust and spur a full recovery says Bank of England’s executive director for financial stability
Basel Committee gets it right
William Isaac, a former chairman of the Federal Deposit Insurance Corporation who now heads LECG Global Financial Services, believes the Basel Committee on Banking Supervision’s accounting guidelines have much to recommend them
Call for "binding" pay rules on banks
Brown, Sarkozy and Merkel say G20 must act on pay, speculation
Ethics and values in the financial community
Reserve Bank of India's Duvurri Subbarao says no evidence bankers are inherently less ethical, just subjected to more temptation
SNB takes a historical view
Swiss National Bank examines data from past 102 years in new paper
Cyprus, Romania sign new memorandum of understanding
Central Bank of Cyprus and National Bank of Romania agree revised supervisory memorandum
Nigeria names and shames debtors
Central Bank of Nigeria list names some of the country’s richest people
Nigeria’s Sanusi goes on sacking spree
Central Bank of Nigeria governor fires heads of five banks and injects N400 billion to ease debt crisis
Argentina’s Redrado on currency mismatches
Central Bank of Argentina’s Martin Redrado on regulating currency mismatches
Clamp down on too-big-to-fail banks: UK lawmakers
Parliamentary committee sides with Bank of England in conflict with Treasury over reform
New data on operational risk losses
Survey from the Bank for International Settlements collects data on op-risk losses from 121 banks in 17 countries
Mexico clamps down on bank charges
Bank of Mexico steps up consumer protection with measures promote transparency and competition