downplays need for rescue fund February 12, 2010 -
CENTRAL BANK Governor Brian Wynter, seeking to strike a tone of
confidence after reports that some securities dealers could collapse under
the debt exchange, said Wednesday at his maiden briefing on the economy
that Jamaica may not need all of the US$950 million (J$85 billion) set
aside as rescue funds for the financial sector.
squeeze on bank pay January
29, 2010 -
French President Nicolas Sarkozy, in a broad riposte to excess,
told a room full of international bankers and CEOs just what they did
not want to hear: Brace for bonus curbs, tighter banking regulations and
new bookkeeping rules.