Robert Jenkins

Co-Operative Troubles Taunt PRA in Test for U.K. Watchdog

The Prudential Regulation Authority may be spurred to intervene directly in the Co-Operative Bank Plc, as the U.K.’s new bank supervisor faces its first test of credibility barely a month after it was created.

Banks Should Defer Bonuses for Up to 10 Years, Jenkins Says

Bankers’ bonuses should be deferred for as long as 10 years to hold executives accountable for risks, said Robert Jenkins, a member of a Bank of England committee charged with ensuring financial stability.

BOE’s Jenkins Encouraged by Calls to Toughen Basel Capital Rules

U.S. and U.K. lawmakers are increasingly calling for tougher global capital standards than those included in the so-called Basel rules, said Robert Jenkins, a member of the Bank of England’s Financial Policy Committee.

BOE’s Jenkins Says Banks Lobbying Dishonestly on Capital Rules

Robert Jenkins, a member of the Bank of England’s Financial Policy Committee, said it’s “dishonest” of banks to argue that implementing tougher capital rules too quickly may harm the economy.

FPC’s Jenkins Says Banks Using ‘Dishonest’ Claim to Delay Rules

Robert Jenkins, a member of the Bank of England’s Financial Policy Committee, said it’s “dishonest” of banks to argue that implementing tougher capital rules too quickly may harm the economy.

Basel Becomes Babel as Conflicting Rules Undermine Safety

The first Basel agreement on global banking regulation, adopted in 1988, was 30 pages long and relied on simple arithmetic. The latest update, known as Basel III, runs to 509 pages and includes 78 calculus equations.

S&P Ratings Suit, CBOE-SEC Talks, Bonuses: Compliance

The Justice Department decision to sue Standard & Poor’s has investors asking why Moody’s Investors Service and Fitch Ratings weren’t targeted for awarding the same top grades to troubled mortgage bonds and other debt securities.

BOE’s Jenkins Says Return on Equity Is Wrong Target for Banks

Robert Jenkins, a member of the Bank of England’s interim Financial Policy Committee, said lenders shouldn’t use return on equity as a profitability target as it undermines financial stability.

BOE’s Jenkins Says Higher Bank Capital May Benefit Shareholders

Robert Jenkins, a member of the Bank of England’s interim Financial Policy Committee, said higher rules for bank capital may benefit shareholders.

U.K. Names Robert Jenkins to BOE’s Financial Policy Committee

Chancellor of the Exchequer George Osborne appointed Robert Jenkins to the Bank of England’s Financial Policy Committee, replacing Richard Lambert.

"More equity in the balance sheet mix can lower the cost of debt funding."

- Robert Jenkins on May 12, 2013

London

England

Standard & Poor's

Washington

Gold Bears Revived as Rout Resumes After Coin Rush: Commodities

Taiwan Vents Anger at Philippines as Ma Frustration Simmers

U.K. Property Loans Seen Facing 92 Billion-Pound Funding Gap

Japan Most Favored Nation in Poll Showing Abe Optimism

Samaras Seeks China Investment to Revive Battered Greek Economy