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Canton of Basel-Town

Basel II and the Capital Requirements Directive

Rules on capital requirements are designed to protect savers and investors from the risk of the failure or bankruptcy of banks. They ensure that these institutions hold a minimum amount of capital. The was adopted in 2006 and...

A monetary malaise

Central bankers helped cause today’s mess. Will they be able to clean it up?FOUNDED in 1930, the Bank for International Settlements (BIS) is the oldest and chummiest of the international financial institutions. Based in Basel...

Salmon returns to Switzerland after 50 years

BASEL, Switzerland (AP) - A salmon has been caught in Switzerland for the first time in 50 years after a swim of perhaps 600 miles (1,000 kilometers), raising hopes the fish may soon find its way back to the landlocked country...

UniCredit approves measures to raise E6.6 billion

Italian financial services group UniCredit's board of directors has approved a series of measures to reinforce its capital position. The plan envisages capital-strengthening actions for an aggregate amount of up to E6.6 billion.

How Wall Street Can Mitigate Financial Fraud Using Biometric Authentication

Risk control procedures are not enough to mitigate fraud on Wall Street. The current financial meltdown provides evidence that many banks and financial institutions have failed to change systems and people in order to mitigate...

Indian banks to face hard times

Indian banks’ provisions are expected to almost quadruple in five years as asset quality deteriorates and capital demands increase, according to a report by financial services management consultancy Oliver Wyman and investment...

New study shows potential benefits of innovative Xolair® anti-IgE therapy in treating children suf..

Corporate news announcement processed and transmitted by Hugin ASA. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------.. - Read more

Senior Consultants Credit & Operational Risk - ref EFCOR0809

Based on your expertise, you maintain a close relationship with the management and specialists at the client's site in order to analyse and develop pragmatic and creative solutions for existing risk systems and databases in a...

Relax Basel II's Bank Capital Adequacy Requirements

Jan VanDenBerg submits: Like an old drunk denied his whiskey, the global economy denied easy credit will soon be suffering, shaking and crying for a hair of the dog.Better give it a little. Withdrawal too sudden can...

UBS Announces Repositioning of Its Investment Bank

UBS Announces Repositioning of Its Investment BankZURICH, Switzerland & BASEL, SwitzerlandUBS ZURICH, Switzerland & BASEL, Switzerland--(BUSINESS WIRE)-- Regulatory News: UBS today announces the repositioning of its Investment...

               

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