Bank of International Settlements Forges ‘Simple Plan’ to Avoid Bank Bailouts in Market Crash
BIS unveils plan to avoid future bank bailouts, chaos and panic should the markets crash.
Lehman Brothers Creditors Could Get Money Back in Full - PwC
PwC says Lehman's administrators settled benchmark dispute and has freed $9.1bn for paying back investors
Central bank bulls take global stocks to multi year highs
Global stocks touched their highest levels since the collapse of Lehman Brothers this week as investors continue to bet on deeper central bank support in the face of tepid economic data and rising political risks.
Global Stocks Hit Post-Lehman Peak as Investors Become Central Bank Bulls
Investors bet on deeper central bank support in face of tepid data and rising political risks.
Mis-Selling and Risk Failings: FSA Fines UBS Over Asset Backed Securities Fund
UK regulator slaps UBS with a fine for a fund that exposed nearly 2,000 investors to financial instruments that led to the credit crisis
Transcripts Show Fed Failed to Pick Up Warning Signs of 2007 Recession
The transcripts were released after a standard 5-year delay
Conscience of a Comedian: Paul Krugman is the Jon Stewart of Economics - without the Funny
Nobel Laureate and New York Times columnist slips loudly into insult-based attack as the global economic debate gets increasingly partisan.
Banks Get More Time and Flexibility for Basel-III Compliance
The Basel Committee on Banking Supervision broadens guidelines on "liquidity coverage ratio" for full Basel-III compliance.
Will Dexia Bank become Europe's Lehman Brothers? [BLOG]
Latest EU bailout for Dexia moves Europe one step closer to a Lehman Brothers-style collapse, says Martin Cole.
Bank of Japan's Independence Eyed as Yen Slide Looks to Continue
Leading candidate for Prime Minister seeks big changes for BoJ that have implications for central banks all over the world.
Epic Fail: Political Leadership of the Global Economy Has Been a Disaster
Intransigence, ineptitude and irresponsibility have defined the current political stewardship of the global and economy.
Nicholas 'Beano' Levene: My Friend the £32m Financial Fraudster
Nicholas Levene (Beano to his friends, of which I am one) is a crook, a wrong 'en, a "more front then Brighton" conman, who has just been found guilty of £32 million fraud and sentenced to 13 years in prison.
Spotlight on China: Middle Income Trap New Leadership's Biggest Challenge
China's ageing population, huge credit bubbles and rising inequality is creating a serious "middle income trap" that could hurt the next phase of its "economic miracle".
European Economic Data and Sentiment Collapses as Recession Deepens
Germany records slides for manufacturing and services in October as demand sagged amid eurozone crisis.
Citigroup's Vikram Pandit Steps Down After Securing Bank's Post-Crisis Future
Vikram Pandit steps down after five years at the head of Citigroup after third-biggest US bank posts solid earnings
Rich Ricci Memo Tells Barclays Staff of Investment Bank Shake-up
Eric Bommensath to lead markets business after trading and distribution teams merger, corporate head reveals in staff memo.
Shops Eye 'Crucial' Christmas Period to Recover Lost Sales in Ailing Retail Market
Having been battered by dreary macroeconomic environment, Christmas trading period more important than ever for British retailers
Global Investors Mark Fifth Anniversary of Financial Market Crisis With Little Optimism
BNP Paribas's decision to freeze US subprime investment funds lit credit crisis touchpaper in the summer of 2007
Libor Fixing Scandal: Hunt for New Barclays’ CEO and Chairman Continues
As Barclays’ deputy chairman Sir Michael Rake turns down the role of taking over from Chairman Marcus Agius, the race to fill the senior positions including ex-CEO Bob Diamond’s role at the embattled bank continues.
Bank of England Hearing: System can be Manipulated by Collusion, says King
BoE's most senior officials testify before Treasury select committee about level of management in Barclays' Libor fixing scandal.
Libor Scandal: Barclays' Del Missier Claims Libor Fixing 'Was Not Significant'
Ex-Barclays COO Jerry Del Missier tells the Treasury Select Committee that instructions he took to lower Libor rates was not significant during the time of October 2008 and emphasises the Bank of England’s role in the scandal.
Libor Scandal Shows Bank of England Unfit to Police Britain's Financial Markets
BoE needs "poacher turned gamekeeper" if it's to keep pace with pace and complexity of modern finance
Bigger than Lehman: Chief ECB Economist Says Crisis More Profound than Famous Bank Collapse
Peter Praet repeats call for deeper European integration at Lisbon conference.
Barclays Seeks Extra $1.3bn in Lehman Brothers Appeal
Barclays is seeking an additional cash and asset boost from defunct firm Lehman Brothers, despite winning over $5bn from an American ruling in June.
European Crisis Live: Euro Slides, Stocks Weaken After Weak US Payroll Data [VIDEO]
Serious Fraud Office to probe "Libor matter"; US jobs numbers disappoint, IMF warns on global growth
Banks have failed to reform since 2008, Head of IMF
Banks across the world have failed to reform, and they need to stop thinking about the bottom line too: The Head of the International Monetary Fund pulled no punches about the events since the collapse of Lehman Brothers back in 2008.
European Crisis: Global Rate Rally Fades as Recession Concerns Grow
Bank of England adds £50bn additional firepower to asset purchase programme
Barclays in Crisis: Short-List of Potential Successors to Bob Diamond
Candidates include current and former Barclays executives as search campaign begins
JPMorgan's 'London Whale' Loss Will Not Hit Bank's Solvency, Says OCC Head
Office of the Comptroller of the Currency Thomas Curry says the $2bn loss will not create a solvency issue for JP Morgan at the bank's CEO Jamie Dimon second testimony.
Greek Elections: 'Grexit' Crossroads as Voters Face Grim Choice of Euro Austerity or Drachma Return
As the Greek elections loom this weekend, IBTimes UK takes a look at how the event will shape up, will Greece leave the Euro and of course the battle for the public to vote for a pro-bailout party.