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bank crisis

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EU agrees tougher rules on banks to avert a repeat of the 2008 financial crisis

EU agrees tougher rules on banks to avert a repeat of the 2008 financial crisis

  • Post author:Admin
  • Post published:27 June 2023
  • Post category:Economy
  • Post comments:0 Comments

The EU struck a deal on Tuesday to implement internationally-agreed banking reforms intended to avert a repeat of the 2008 financial crisis.The European Commission first proposed the banking law in…

Continue ReadingEU agrees tougher rules on banks to avert a repeat of the 2008 financial crisis
New UBS CEO plays down concerns over size of Swiss bank combination

New UBS CEO plays down concerns over size of Swiss bank combination

  • Post author:Admin
  • Post published:1 April 2023
  • Post category:Economy
  • Post comments:0 Comments

Incoming UBS Chief Executive Sergio Ermotti has sought to ease worries about the size of the new bank being created by its takeover of Credit Suisse.Critics have voiced concern about…

Continue ReadingNew UBS CEO plays down concerns over size of Swiss bank combination
SVB like collapse unlikely to occur in India as banking system robust: Anand Rathi report

SVB like collapse unlikely to occur in India as banking system robust: Anand Rathi report

  • Post author:Admin
  • Post published:20 March 2023
  • Post category:Economy
  • Post comments:0 Comments

A shock similar to one experienced by Silicon Valley Bank (SVB) is unlikely to occur in India owing to stringent regulation, supervision and accounting requirements for Indian banks, brokerage firm…

Continue ReadingSVB like collapse unlikely to occur in India as banking system robust: Anand Rathi report

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