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Under current plans being considered by the British Independent Commission on Banking, British banks could be subject to capital requirements up to half as much as their minimum equity
With the House of Representatives in recess this past week, and a relatively quiet week in the Senate, the biggest stories were a couple of sensational items -- most prominently - and splashed across front pages worldwide - the arrest of Dominique Strauss-Kahn, the (now) former head of the International Monetary Fund (IMF), for his alleged sexual assault of a hotel maid in New York City
According to a Wall Street Journal article published this week, foreign banks and funds are becoming increasingly concerned that U.S. regulators will extend their activities overseas and enforce risk mitigation portions of the Dodd-Frank Act abroad
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