Western Europe - Economic Policy

Britain's financial watchdog said on Thursday it had fined Wall Street bank Goldman Sachs 17.5 million pounds (27 million dollars) for not providing it with information linked to US fraud charges. The Financial Services Authority said the fine, equivalent to 21 million ...

FRANKFURT (Reuters) - Germany's 10 biggest banks may need 105 billion euros ($141 billion) of additional capital under a revamp of banking rules designed to prevent future financial crises, the country's banking association said. International banking regulators known as the Basel Committee ...

Brussels will say in November if it is to extend support for troubled European banks, but will move more quickly on the troubled Anglo Irish Bank, the EU's competition commissioner said Saturday. "We are now starting the analysis on what to do ...

Europe took a big step closer on Thursday to its goal of creating cross-border financial supervisors, reaching a "crucial milestone" in efforts to reform a sector blamed for the global recession. EU states, the European Commission and European lawmakers reached a deal ...

German government adopts financial overhaul, wants bank levy to finance future bailoutsGermany's government on Wednesday adopted an overhaul of the financial system that proposes an orderly way to restructure ailing banks and requires all banks to contribute to a bailout fund to ...

FRANKFURT (Reuters) - Nationalized German lender Hypo Real Estate , which failed a pan-European stress test in July, expects to complete the planned move of around $270 billion of toxic assets into a "bad bank" during the fourth quarter. The Munich-based real ...

All eight major Spanish banks that underwent stress tests to see if they could cope with worsened economic conditions passed, but five of the 19 regional lenders known as 'cajas' that were tested failed, Spanish media reported Friday. Top-selling daily El Pais, ...

Results to come Friday could be turning point in eurozone's government debt crisisIt is billed as a moment of truth — but some fear an exercise in obfuscation. The results of European Union stress tests designed to uncover the depth of rot ...

LONDON (Reuters) - European Union bank regulators were expected to reveal on Wednesday how tough their health checks of the region's banks will be, in the hope of restoring confidence to markets worried about ballooning public debt. The Committee of European Bank ...

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Topic: Western Europe

British watchdog fines Goldman Sachs £17.5 mln

Goldman Sachs fined £17.5 mln by FSA

German banks may need $141 billion under Basel III

EU decision on support for banks due November: commissioner

EU reaches deal on cross-border financial supervisors

German government adopts plans for bank levy

Hypo Real Estate to shift toxic assets in Q4

Major Spanish banks 'pass stress tests': reports

Stress tests are debt-crisis hurdle for Europe

EU bank watchdogs set to detail stress tests

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