The Fed's stress tests found that roughly a quarter of the US big banks would approach the 4.5% minimum CET1 capital requirement in a worst-case scenario, a W-shaped recovery.
June 29, 2020Commercial banks are asked to draw up new capital management plans for the next 1-3 years, taking into account expected economic and business trends following the pandemic.
June 24, 2020The move will mean promoters with more than 75% shareholding in a listed company will not have to divest their holdings while the current challenging environment persists.
May 16, 2020Foreign banks are prohibited from repatriating profits. LCR and NSFR requirements have been reduced to 90%. Banks are told to refrain from non-essential expenditures.
May 15, 2020Under the latest revisions, Korea Development Bank may exercise its voting rights in bailed-out companies for decisions that may impact shareholder value or when restructuring is required.
May 10, 2020Aid recipients will have to maintain staff in employment and refrain from dividend payouts, share buybacks and executive compensation.
May 5, 2020Banks that draw from the capital conservation buffer or fall below 100% LCR will not be considered in breach of Basel III rules.
May 5, 2020In addition, the filing fees on offer documents for public issues, rights issue and share buybacks have been reduced by 50 percent.
April 28, 2020Australian banks are well-capitalised and have the ability to pay dividends, says RBA governor Philip Lowe. ANZ, Westpac and NAB are reportedly engaging with APRA on the issue.
April 23, 2020Rabobank, ING, ABN Amro, UniCredit, Commerzbank, Banco Santander, KBC Bank, Allied Irish Bank and Bank of Ireland have suspended dividend and buyback plans until 1 October.
March 31, 2020