BARCELONA |By CaixaBank analysts | The Basel III liquidity requirements are made more flexible. Those countries in crisis can postpone the application of bank liquidity coverage ratio regulations.
What is David Cameron so scared of? It might be the UK banks
By Carlos DÃaz Güell, in Madrid | The deadline is January 20 for EU financial entities to submit to the European regulator their specific plans to comply with the capital demands determined by the European Banking Authority (EBA). For the Spanish entities, this demand amounts to €26bn, an amount that does not take into account certain peculiarities of the [...]
Good marks for BBVA’s €3.5-billion swap
The financial City of Madrid expects BBVA to close the bank’s gap in core capital required by Basel III, after the group’s board approved this week an offer of mandatory convertible bonds in exchange for €3.475 billion in preferred shares. Customers who hold the preferred shares distributed by BBVA in Spain will have the opportunity to exchange [...]
German bank Helaba ensures state help ahead of Basel III
The owners of German regional bank Helaba agreed this week to adapt their participation in profit, loss and any liquidation proceeds so the entity can comply with the future requirements of banking supervisory law Basel III. Landesbank Hessen-Thueringen (Helaba) is owned by the State of Hesse, the Free State of Thuringia and the Savings Banks and [...]
Time to charge against Basel III, says Mr Dimon
NEW YORK | Financial Times’s interview with Jamie Dimon was intended to create momentum. JP Morgan’s chief executive is now attacking new banking rules by Basel committee, trying to convince against the new regulation to water down Basel III the same way the major US banks have lobbied in Washington to water down Dodd-Frank Act, Obama’s [...]
