BankRegulations

Goldman Sachs CEO David Solomon Predicts Rollback of Bank Regulations Under Trump

4 days ago

In a recent statement that has stirred conversations in financial circles, David Solomon, the CEO of Goldman Sachs, expressed his optimism regarding the potential for former President Donald Trump to restore certain banking regulations if he returns to the White House in the upcoming elections. Solomon's comments, delivered during an industry conference, highlight the significant impact regulatory changes can have on the banking sector and financial markets at large.

Australia's Opposition Pushes for Relaxed Loan Standards Amidst Economic Concerns

18 days ago

The political landscape in Australia is heating up as the opposition party calls for significant changes to the country's banking regulations, specifically targeting the standards required for loan approvals. This move comes at a time when many Australians are struggling with rising living costs and soaring interest rates.

US Banks Advocate for Basel Framework Implementation, According to the Bank of England's Bailey

2 months ago

In a significant development concerning international banking regulations, U.S. banks have voiced their support for the implementation of the Basel framework, as noted by Andrew Bailey, the Governor of the Bank of England. This statement has stirred discussions among financial institutions and regulators about aligning banking practices with global standards established to strengthen the resilience of the financial system.