Financial industry executives are almost as concerned about the growing demands of regulatory compliance as they are with market volatility, according to today’s survey of 400 financial companies by SunGard Financial Systems LLC and Longitude Research.
CaixaBank SA, Spain’s third-largest lender and biggest shareholder in Repsol SA, said fourth-quarter profit fell, missing estimates, after it took a charge linked to the seizure of the oil company’s Argentine unit.
Following is the text of a speech to be delivered today by Bank of Canada Governor Mark Carney to the International Center for Monetary and Banking Studies in Geneva, Switzerland. The text was released in Ottawa. The footnotes and charts from the original version have been removed from this text.
Turkiye Is Bankasi AS’s capital adequacy ratio may fall between 50 basis points and 60 basis points as Turkey’s banking industry switched to Basel II, Bloomberg HT television reported today, citing bank’s chief executive Adnan Bali.