BRUSSELS/PARIS (Reuters) – European Union leaders moved closer yesterday to making public the results of stress tests on banks in a drive to restore market confidence after Spain boosted the euro zone with a successful bond sale.
Germany, which had b...
LONDON (Reuters) – Britain's Financial Services Authority (FSA) said good judgment and not structure would be key to effective supervision as investors shrugged off the biggest shake-up of the banking landscape in a decade.
Analysts said a reform to ...
Some major changes needed to sustain the Cayman Islands as a viable economy could be applied to the case of Bermuda.
That is according to Jim Miller, chair of the Miller Commission on Taxation, Fiscal Management & Regulation Reform in the Cayman Isla...
Increased spending and tighter revenue constraints are the biggest issues facing offshore financial centres (OFCs), including Bermuda, at the moment.
That was the finding of a panel of experts speaking about the state and future of the OFC industry a...
The following are editorial opinions from newspapers from around the world which may be of interest to Royal Gazette readers.
The Asahi Shimbun, Tokyo, –on anti-whaling activists
Should Japan pick up the gauntlet thrown down by anti-whaling activists...
DATE: Mar 20, 2010 | CATEGORY: Other |
BC-EU--Greece-Financial Crisis, 1st Ld-Writethru,0453
Greece says deficit goals on target so far
ATHENS, Greece (AP) -- Greece said Friday it exceeded its deficit-cutting targets in January and February, ahead of a key fiscal assessment next week by ...
To His Honour the Speaker and Members of the Honourable House of Assembly
Rahm Emmanuel: "You never want a serious crisis to go to waste. Things that we had postponed for too long – that were long-term – are now immediate and must be dealt with. This...
"When it is dark enough, you can see the stars." – Persian proverb from the book Three Cups of Tea.
Things, Mr. Editor, are looking pretty dim, grim even, when it comes to the state of the country's finances. The most recent Report from the Office of...
(Bloomberg) — The Federal Reserve Bank of New York may be forced to deliver documents related to American International Group Inc.'s government bailout after the chairman of a House oversight committee said he would issue a subpoena.
Edolphus Towns, ...
WASHINGTON (Bloomberg) - US Treasury Secretary Timothy Geithner said regulation of the US financial system needs a broad overhaul to heal a crippling lack of confidence caused by the credit crisis.
"To address this will require comprehensive reform,"...
