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  • Basel III to be less harsh than feared - BlackRock
    - Reuters - Thu 09 Sep, 10:00 PM
    FRANKFURT (Reuters) - A new set of banking rules expected to be finalised over the weekend will not be as tough as feared by some market participants, a BlackRock fund manager said, but cautioned about the sector's long-term...
  • Q&A - How are Basel III bank rules being finalised?
    - Reuters - Thu 09 Sep, 08:30 PM
    LONDON (Reuters) - Banking regulators and central bank officials from across the world meet on Tuesday to finalise their Basel III package of tougher bank capital and liquidity...
  • Goldman Sachs faces 20 mn pound fine in UK
    - Indian Express - Thu 09 Sep, 04:44 PM
    Goldman Sachs is likely to face a fine of around 20 million pounds from UK financial regulator FSA, just months after US Securities and Exchange Commission imposed a penalty on the banking major, a media report said. Goldman Sachs is facing a fine...
  • Bank of China gets nod for $8.8 bln share sale
    - Reuters - Thu 09 Sep, 07:20 AM
    SHANGHAI (Reuters) - Bank of China has obtained approval from the China Banking Regulatory Commission for a 60 billion yuan ($8.83 billion) share placement in Shanghai and Hong Kong, the bank said in a stock exchange filing on...
  • Oil rises as equities bounce, dollar weaker
    - Reuters - Thu 09 Sep, 03:30 AM
    NEW YORK (Reuters) - Oil rose on Wednesday for the first time in three sessions, bouncing with equities and supported by a weaker dollar as concerns over the European banking system eased and investors cautiously bought riskier...
  • Four new pvt bank licences likely in first lot
    - Indian Express - Thu 09 Sep, 02:34 AM
    While more than a dozen corporates and non-banking finance companies (NBFCs) are keen on making a banking debut, the Reserve Bank of India (RBI) may start off by handing out just four new banking licences, and that too, not all at once. Although the...
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