Swiss "Quaero Capital" to acquire a 120 million euro stake in "Ignitis Group"
Quaero Capital is set to acquire a 49% stake in VKJ from Ignitis Group for €120 million, aligning with European Commission requirements.
The European Central Bank imposes the largest fine on JP Morgan
The European Central Bank has imposed a record fine of €12.2 million on JP Morgan's European arm due to reporting errors regarding capital requirements and risk assessment.
Fed prepares to relax banking rules in the US in an effort to boost mortgage credit
The Federal Reserve is set to relax capital requirements for US banks to encourage more mortgage lending amid concerns about credit moving out of the banking system.
Mexico is attractive for entrepreneurship, but it must eliminate hurdles and strengthen venture capital: IE University
To attract entrepreneurs from other countries, Mexico needs to remove excessive government requirements and strengthen venture capital, according to Juan José Güemes, president of the Entrepreneurship and Innovation Center at IE University.
The banking sector demands Brussels for a proposal for regulatory simplification that reduces capital requirements
European banks are urging Brussels to propose regulatory simplifications that would lower capital requirements, claiming they are at a disadvantage compared to U.S. banks by 140 billion euros in CET 1 ratio.