Banks face a toughening of global capital rules on swaps, bonds and other securities that they intend to trade, as regulators seek to make lenders more resilient to crises.
A proposal to make U.S. banks maintain 30-day war chests in case of a credit crisis is certain to add to borrowing costs, said a former leader of the global group that conceived of the standard.
In their campaign to bring the financial industry under control, European Union policy makers have a deadline problem.
Banks are set to face a broad international leverage limit that will catch off-balance sheet risks and prevent them from hiding their debt, according to the head of the Basel Committee on Banking Supervision.
The largest global banks cut the shortfall in the reserves they’ll need to meet Basel capital rules by 82.9 billion euros ($112 billion) in the second half of 2012, leaving a gap of 115 billion euros.
Some pesticides used in agriculture may damage learning capacity in the brains of honeybees, according to U.K. research.
In the hunt for ways to extend life, scientists are turning to an unlikely source: the gas that gives rotten eggs their distinctive foul smell.
The next new treatment for breast, colon and prostate cancers, among others, may be a diabetes drug first approved in 1958.
Global central bank chiefs gave lenders four more years to meet international liquidity requirements and watered down the measures in a bid to stave off another credit crunch.
Benchmarks underpinning markets from oil to currencies face tougher oversight under plans by global regulators to prevent any repeat of Libor-style fraud.