Franco-Belgian bank's Chief Financial Officer Philippe Rucheton ...
Feb 23rd, 2012
(Reuters) - Franco-Belgian bank's Chief Financial Officer Philippe Rucheton attends the bank's 2011 annual results presentation in the business district of La Defense, near Paris February 23, 2012. Bailed out Franco-Belgian bank Dexia said it risked going out of business as it reported a 2011 net loss of 11.6 billion euros ($15.4 billion), hit by its break-up and exposure to Greek debt and other toxic assets. REUTERS/Gonzalo Fuentes (FRANCE - Tags: BUSINESS HEADSHOT) -
(Reuters) - Commodity Futures Trading Commission chief Gary Gensler has convinced regulators to insert new language into the Volcker rule restricting foreign banks from evading the rule, Bloomberg reported on Friday. The new language, which clarifies the Volcker rule's definition of trading solely outside the United States, ensures that bankin... [Full Article]
China's central bank will closely monitor the development of Internet financial services to ensure companies do not cross any legal red lines, a senior central bank official said on Thursday. Internet financing and traditional banking services complement each other, Liu Shiyu, a vice central bank governor, said in a speech published on the cen... [Full Article]