Merchant banks

US Regulators Considering Slashing Proposed Capital Hike for Big Banks: Report

The Federal Reserve and two other US regulators are reportedly considering a new plan to reduce a nearly 20% mandated increase in capital for the country's largest banks.

US Banks See Loan Demand Drop, Fed Survey Says

US banks have observed a fresh decline in loan demand for industrial purposes and household demand for credit during the first quarter of the year, according to a Federal Reserve survey...

Australia's Macquarie Bank Terminating Cash Transactions in All Branches as It Shifts to Fully Digital Banking Services

Australia's Macquarie Bank will eliminate the use of cash at its branches later this month as part of its transition to a fully digital offering...

Warren Buffett-Backed Capital One to Buy Discover Financial in $35 Billion Deal

Warren Buffett-backed Capital One is set to acquire US credit card issuer Discover Financial Services in an all-stock deal valued at $35.3 billion...

Latest News

Bill to separate traditional and investment banking to be reintroduced
US senators have announced a plan to reintroduce Glass-Steagall Act.
New regulation allows Consumer Bureau to punish abusive collection methods by banks
The U.S. Consumer Bureau announced that banks supervised by them may now face penalties if they mistreat clients during collection.
Asian stocks rose with Europe rally, euro frets
Asian stocks were swept up by Europe's rally while Euro continued to sulk.
Small Banks Cheer As US Authorities Tough Rules for Wall Street
Small banks cheered as US authorities drafts tough rules for Wall Street.
Money Influx Hurts China Rates
Money influx hurt China money market rates.
Financial Conduct Authority Orders Trading Bans on Certain Shares
The FCA orders trading bans on three Portuguese firms due to market volatility.
Switzerland Hurt as Private Banks Leave Due to Rising Compliance Versus Secrecy
Banks leaving Switzerland due to the loss of secrecy in the banking transactions.
Hypo Alpe's EU deal makes Finance Minister confident
Maria Fekter, Austria's Finance Minister was confident about getting the deal from EU after some negotiation.
Islamic finance lobbies outside Gulf
General Council for Islamic Banks and Financial Institutions intends to expand to adjacent countries.
IPO for Associated Materials Underway
The IPO of Associated Materials is well on its way as it chose the banks to manage the sale.
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