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2011
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Hungarian Lawmakers Approve Central Bank Law in Snub IMF, European Union
Hungarys chances of obtaining a bailout receded after lawmakers approved new central bank regulations that prompted the International Monetary Fund and the European Union to break off talks this month. Parliament in Budapest stripped central bank President Andras Simor of his right to name depu… read full news Published: Fri, 30 Dec 2011… »
Making Banks Save – US-FOREX.US
“Bonuses are back” may be the buzz term in London’s financial district, but among regulators the more clunky “dynamic provisioning” is the watch word of the day.The system by which banks have to put aside rainy-day reserves in the good times was the norm at Spanish banks, which weathered the global credit crisis better than… »
