Why RBI is worried about India’s financial sector

India’s economy—and its industries—are ever evolving. This is especially true for the financial sector, which is still in a nascent stage in many ways.

Banking culture needs fundamental overhaul not fines, Mark Carney says

Mark Carney has warned bankers they should lose more of their pay in cases of wrongdoing – in addition to forfeiting bonuses – after a series of fines for bad conduct have failed to improve standards across the scandal-hit industry.

Banks told not to expect seamless global rules

(Reuters) - New global rules making the financial system safer won't be seamless and could be revised soon to help economic growth, senior government and regulatory officials said on Thursday.

Investors Complacent About Financial Market Risks, FSB Says

Investors are becoming complacent about risks in financial markets as loose monetary policy spurs a search for yield, the Financial Stability Board said today.

Federal Reserve creates financial stability committee

WASHINGTON--The Federal Reserve is elevating its postcrisis efforts to monitor potential threats to financial stability, creating a high-level committee led by the central bank’s No. 2 official.

UK pension funds and insurers pose risks to financial stability

Pension funds and life insurers' investment decisions pose a potential threat to UK financial stability, according to research by the Bank of England.

Australian banks cut fixed mortgage rates as RBA seen on hold

(Reuters) - Two of Australia's biggest banks cut their fixed-rate home loans on Wednesday in a move analysts said reflected lower borrowing costs and expectations that the Reserve Bank of Australia will keep rates at record lows.

Monetary policy not best financial stability tool: Yellen

(Reuters) - Monetary policy faces "significant limitations" as a tool to address financial stability risks, and would have caused major economic damage if it had been used to head off the U.S. housing bubble, Federal Reserve Chair Janet Yellen said on Wednesday.

Fed may shun global risk rules banks spent billions to meet

(Reuters) - The Federal Reserve may scrap international measures aimed at assessing bank health in favor of imposing its own rules, frustrating bankers who have spent billions of dollars retooling their books to meet global standards.

Is the financial crisis in US, over and already forgotten?

Michael S. Barr, a law professor at the University of Michigan who was an assistant Treasury secretary when the financial crisis was at its worst, is working on a book titled "Five Ways the Financial System Will Fail Next Time."

Financial regulators raise concerns over money funds

A U.S. council of regulators looking at whether asset managers pose a potential threat to the financial system said Wednesday that money-market funds can be vulnerable to runs during periods of volatility.

Bank may yet need to go nuclear to burst the housing bubble

The Bank of England did not need the Organisation for Economic Cooperation and Development to point out the risks of a property bubble in the UK.

Fed’s Stein: Financial Stability Fits Within Central Bank’s Dual Mandate

The Federal Reserve doesn’t need to expand its focus from its dual mandate to take financial-stability concerns into account, Fed governor Jeremy Stein said Sunday.

Fed vice chair nominee Fischer stresses financial stability

SAN FRANCISCO/ NEW YORK (Reuters) - Stanley Fischer, U.S. President Barack Obama's pick for the No. 2 spot at the Federal Reserve, dove in Wednesday to one of the most important debates at the U.S. central bank, as he called for making financial stability an "explicit" policy focus.

OECD delivers new global standard to target tax cheats

The OECD on Sunday delivered a new global standard to crack down on tax evasion with more than 40 countries already committing to measures which the European Commission called "a big step" forward.

Federal Home Loan Banks' Financial Strength Continues to Lend Stability to U.S. Banking System

WASHINGTON, DC,, Feb. 21, 2014 (GLOBE NEWSWIRE) -- The Federal Home Loan Banks (FHLBanks) today reported strong profits in their preliminary unaudited year-end 2013 combined operating highlights.

Financial risks recede in 2014

For the first time in five years, the big risk for the global economy is not a collapse of the financial system, according to a report by the Eurasia Group released Monday.

Bank of England committee flags up housing market concerns

The Bank of England is continuing to closely monitor the affordability of mortgages and the lending policies of banks after taking steps last week to cool the housing market.

Yellen signals new emphasis on Fed policing role

(Reuters) - Move over inflation and job growth. The next Federal Reserve chief appears set to direct the central bank's might at ensuring financial stability and stern banking oversight with the same vigor it currently applies to its traditional mandates of fostering price stability and maximum employment.

Fed should not raise rates to fight financial risk: Evans

CHICAGO (Reuters) - The Federal Reserve should be "extraordinarily careful" about hiking interest rates to head off potential risks to financial stability when more effective tools, like supervision, are available, a top Fed policymaker argued on Friday.