Tag: capital ratio

EU commences bank stress tests

EU commences bank stress tests

The EU has commenced a new round of stress tests after last year’s failed to reveal the weakness among banks in Ireland. The latest tests, which will be headed up by the new European Banking Authority (EBA), are expected to be tougher and may include a liquidity test. However, regulators have yet to agree to [...]

March 7, 2011 | 0 Comments More
Santander reports fall in net profits

Santander reports fall in net profits

Spanish banking giant Santander has today reported a fall in 2010 net profits, due to changes on bad loan provisions. The bank, which is the euro zone’s largest, said net income fell to €2.1 billion from €2.2 billion a year earlier. Before the changes to one-off provisions, which were put in place as a precautionary [...]

February 3, 2011 | 0 Comments More
Standard Chartered announces £3.3bn cash call

Standard Chartered announces £3.3bn cash call

London-based emerging markets bank, Standard Chartered, has today announced plans to tap investors for £3.3 billion by selling fresh shares in the banking group. The cash call, which represents the biggest for the bank, comes after new Basel III regulations, which agreed how much equity banks must hold in reserve in order to prevent another [...]

October 13, 2010 | 0 Comments More