Japan unveils $110 billion plan to fund Asia infrastructure, eye on AIIB

TOKYO (Reuters) - Japan unveiled a plan on Thursday to provide $110 billion in aid for Asian infrastructure projects, as China prepares to launch a new institutional lender that is seen as encroaching on the regional financial clout of Tokyo and its ally Washington.

G20's Carney says bank crisis reforms "substantially complete"

LONDON, Nov 14 (Reuters) - The job of fixing flaws that led to the 2007-09 financial crisis is largely done and the focus will now turn to spotting new risks and rebuilding trust among regulators, the Financial Stability Board said on Friday.

Banks may have to set aside more to cover bad loans

Changes to international accounting standards will mean banks have to record potential losses from their loan portfolios sooner, rather than waiting for borrowers to default.

German government source said U.S. should normalize monetary policy

(Reuters) - Germany believes the United States should normalize its monetary policy and each country must ensure it can cope with such policy changes, a senior German government source said ahead of a meeting of G20 finance ministers and central bankers.

Financial Stability Board to Examine Currency Markets

LONDON – The Financial Stability Board said Friday that it would review foreign exchange markets in light of a series of investigations into potential manipulation of currency benchmark rates.

ET, the new alien scaring global markets

The United States is coming to be seen as a global threat, acting unilaterally with aggressive new market rules that critics say will hurt U.S. firms, foreign banks, and international markets in one swoop.

Regulators Name 29 Banks Critical to Global Stability

Global regulators on Friday named 29 banks so important to the world’s financial system that they require more capital and closer surveillance than rivals, plus a detailed plan to allow them to be wound down without taxpayer help if they hit trouble.

Delays, divergence threaten swaps crackdown: FSB

Global efforts to rein in the over-the-counter derivatives market are being threatened by worrisome delays and divergent approaches, an international policy-coordinating panel said on Friday.

The Swiss-based Financial Stability Board (FSB) said it was "concerned" that many members of the Group of 20 wealthy nations may not meet an end-2012 deadline to tighten oversight of the $600 trillion OTC market for derivatives such as swaps.