The European Union set out draft reforms to rules for closing down failing banks on Tuesday. The original rules were introduced after the 2007-09 global financial crisis when taxpayers had to bail. | April 18, 2023
The European Union proposed on Tuesday making it harder for governments to repeat pouring billions of euros of state aid into a bank as Italy did with Monte dei Paschi di Siena six years ago.. | April 18, 2023
Sumitomo Mitsui Financial
Group plans to raise about 140 billion yen by issuing Additional Tier-1 debt, a
person familiar with the matter said. The person declined to be identified as. | April 18, 2023
Just a month after the biggest banking crisis in more than a decade, the world s top economic and financial policymakers gathered in Washington and said surprisingly little about financial system. | April 17, 2023
Deutsche Bank Chief Executive Christian Sewing on Monday rejected plans by the European Union to update bank resolution rules and warned that stricter regulation would boost the shadow banking. | April 17, 2023