Company News



Swiss Panel Recommends Stricter Rules for UBS, Credit Suisse

Switzerland should adopt stricter capital requirements for UBS Group AG  and Credit Suisse Group AG  following the introduction of tighter rules in the U.S. and the U.K., a government-appointed panel recommended, concluding a yearlong review of measures to avoid bailouts. . .

http://www.bloomberg.com/news/2014-12-05/swiss-panel-recommends-stricter-rules-for-ubs-credit-suisse.html



Morgan Stanley to Award More Bonuses Up Front

Morgan Stanley  is giving employees a greater portion of their bonuses up front as the bank seeks to structure pay in line with peers and lower expenses in future years. . .

http://www.bloomberg.com/news/2014-12-05/morgan-stanley-cuts-bonus-deferral-rate-to-50-takes-charge.html



Banks falling behind on liquidity monitoring says Swift

Fewer than a third of banks are at the implementation stage of projects implementing the Basel intraday liquidity monitoring rules that come into force next month – and most believe that industry collaboration will be needed to achieve a successful outcome. . .

http://www.bankingtech.com/268311/banks-falling-behind-on-liquidity-monitoring-says-swift/?utm_source=rss&utm_medium=rss&utm_campaign=banks-falling-behind-on-liquidity-monitoring-says-swift



Report: Regulatory Consistency Assessment Programme (RCAP) Assessment of Basel III regulations –European Union

Basel Committee on Banking Supervision have published their RCAP Assessment report:

http://www.bis.org/bcbs/publ/d300.pdf

 



Libor Probe Finds No Evidence Against Jain, Handelsblatt Says

Germany’s financial regulator found no evidence during a two-year probe that Deutsche Bank AG co-Chief Executive Officer Anshu Jain knew about or participated in possible interest rate manipulation, newspaper Handelsblatt reported. . .

http://www.bloomberg.com/news/2014-12-08/jain-cleared-in-german-probe-of-libor-rigging-handelsblatt-says.html