Tag Archives: financial regulation

Don’t listen to the banks' lobbyists – Basel III is way too soft

Canary Wharf, London: Big banks, big risks (Photo: Dave Pape, via Wikimedia Commons)
ECB President …

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Filed under Banking, Financial Crisis, Regulation

$4.7bn per bank, per year – How the U.S. government subsidizes Citi, BoA et al.

Peer Steinbrück, the former German finance minister, was adamant. The merger of two leading …

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Filed under Banking, Financial Crisis, Regulation

The arcane mysteries of banking regulation

The debate about financial regulatory reform is at a decisive stage. While policymakers bandy plenty ideas, a new paper reveals how frighteningly little is known about how the existing rules actually work. The Basel core principles for effective banking supervision have no discernible benefits for the soundness of the financial industry of a particular country. Continue reading

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Filed under Banking, Financial Crisis, Regulation