UK delays Basel bank rules by a year, EU says it's weighing options
The Bank of England said on Friday it would delay tougher bank capital rules by a year to January 2027 to get clarity on what the United States will do under Donald Trump as president, prompting the European Union to say it would also weigh its options.
BoE Delays New Rules For Banks Ahead Of Trump Presidency
The Bank of England said Friday it will delay implementing rules designed to prevent a 2008-style financial crisis as it awaits clarity on how they will be enforced in the US under Donald Trump.
The U.K. again delays key banking rule, saying it will wait for U.S. to decide first
The Bank of England on Friday said it will delay key rules on bank capital for a year while the U.S. decides what to do, a sign of how the incoming Trump administration will impact financial regulation throughout the globe.
EU says Basel bank rules in 'everyone's interests' after UK delay
The European Union said on Friday it was considering its options after Britain announced it was delaying implementation of tougher global bank rules until 2027, adding that it was in "everyone's interest" to implement the reforms fully and on time.
European Banks Warn of Competitive Hit From Uneven Capital Rules
European banks say they risk being put at a disadvantage to global competitors in the face of diverging regulation after the UK announced a delay in implementing international capital standards.
U.K. Delays Basel Banking Reforms Again on U.S. Uncertainty
The Prudential Regulation Authority is pushing back the implementation of the international banking reforms by a year to allow more time for the U.S. to clarify its approach under the Trump administration.
How Trump's Pick for Treasury Secretary Once Helped Break the Bank of England
Trump Treasury Secretary Pick Scott Bessent once worked with George Soros, placing trades that bet against the pound, ...
Gould says Trump won't listen to journalists and central bankers in swipe at Liberal leadership rivals
Fresh out of the gate from launching her Liberal leadership bid, Karina Gould suggested her two main opponents' backgrounds ...
Bank of England's Bailey warns against risks from economic nationalism
Bank of England Governor Andrew Bailey called for the world's financial powers, led by the United States and China, to avoid ...
Mark Carney, the 'unreliable boyfriend' who ran UK's central bank
Mark Carney was the first non-British person to become governor of the Bank of England in its more than 300-year history when ...
Donald Trump's White House return could spark mortgage misery in UK
The money paid by the the UK government for its own borrowing is getting more expensive as Donald Trump's return to the White ...
Former Bank of England governor Mark Carney enters race to be Canada’s next prime minister
Mark Carney, the first non-Brit to run the Bank of England since it was founded in 1694 and the former head of Canada’s ...
i3dOpinion
Trump's economic bubble might burst
So Donald Trump takes office buoyed up by the hugely confident business sector. Its leaders have been quick not only to voice ...
America’s biggest bank quits Mark Carney’s net zero group
America’s biggest bank has quit Mark Carney’s net zero group amid a backlash against environmentalist capitalism.
Canada’s Liberal Party in search of a new leader while dealing with Trump threats, pending election
The Liberals need to elect a new leader before Parliament resumes March 24 because all three opposition parties say they will ...
A Trump Oligarchy Is Moving to Washington, and Buying Up Prime Addresses
Billionaires and multimillionaires are flocking to a city where power has been more important than money, but is now deeply ...