When Mark Carney replaces Mervyn King as governor of the Bank of England in July, the world will be deprived of King's witty public utterances.
- Thu
- Oct 3, 2013
- Updated: 3:50pm
American and British regulators have unveiled a plan for dealing with failing global, systemically important banks that will allow them to fire senior executives and force losses on shareholders...
Bank of Canada governor Mark Carney was unexpectedly appointed as the next head of the Bank of England, succeeding Mervyn King.
The shadow banking industry has grown to about US$67 trillion, US$6 trillion bigger than previously thought, leading global regulators to seek more oversight of financial transactions outside...
Deutsche Bank would be required to hold more capital and Bank of America's burden stands to be reduced as global regulators shuffled the competitive balance among the world's biggest banks.
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