Vietnam’s long slog towards financial reform

http://feteandflora.com/yhb_qbz.php?female/19-20322/relatively/highly-primary-hey Having narrowly survived a financial crisis in 2011, Vietnam is rolling out reforms to tackle low capitalisation and high numbers of NPLs. But given that the country has yet to implement Basel II, will these reforms still leave the country’s lenders playing catch-up? Stefania Palma reports.

Agricultural Bank of China: Sanctions with Chinese characteristics

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American regulators show a foreign bank uncharacteristic leniency

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Sanctions with Chinese characteristics

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Agricultural Bank of China

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The new nationalism

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Agricultural Bank of China

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THE fines paid to America’s financial regulators by errant bankers vary enormously these days: from sky-high to stratospheric. Deutsche Bank is fighting a demand for $14bn. BNP Paribas paid $9bn last year for facilitating the evasion of American sanctions. So eyebrows were raised at the final settlement disclosed this month between the state-controlled Agricultural Bank of China (ABC) and New York’s Department of Financial Services (DFS). The fine …

Banks and “too big to fail”: Kash call

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A veteran of the financial crisis says banks need much more capital

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Kash call

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Banks and “too big to fail”

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SINCE Donald Trump won the election, American bank shares have surged on traders’ hopes of a bonfire of financial regulations. So a proposal from Neel Kashkari, head of the Minneapolis Federal Reserve, vastly to increase capital requirements looks ill-timed. On the other hand, the plan mimics the direction—if not the extent—of one backed by congressional Republicans.
Mr Kashkari is an experienced financial firefighter. An alumnus of Goldman Sachs, best-connected of investment …