The government needs to broker a discussion," said Norton, "and it may need some minor changes to legislation. Based on what happened last time there was an economic downturn, that they may be left with a large number of liabilities from small...
While the economic downturn has not reduced overall budgets in most sectors, capital spending has been hit harder. However, there is a marked contrast between different sectors. However, the banking and healthcare markets are still planning capital...
Most obvious perhaps, is the uncertain economic outlook. The impending Basel II accord demands that financial institutions place a portion of their capital aside to cover operational risk. Integrate, stupid*
The FSA has issued its proposals in a consultation paper on the key aspects of UK implementation of the European Union's Capital Requirements Directive (CRD), which is closely linked to Basel II. UK financial industry regulator the Financial...
We're doing lots of recruitment in the commercial and FMCG sectors, and they're all busy," he added. The industry is still busy and there are no signs of it slowing down," he told silicon.com, adding: "I'd certainly say we've seen no direct impact...
Major dealers will have already reduced the scale of capital they allocate to fixed-income trading, generally as a result of losses and write-downs on mortgage-backed securities, or at least until they re-evaluate or redefine the future strategies...