China Refines Capital And Risk Management Of Commercial Banks

China Refines Capital And Risk Management Of Commercial Banks

BEIJING (Reuters) – China’s banking regulator and the central bank plan to adopt a more differentiated regulatory system for assessing commercial banks’ capital adequacy and risk management, in a step to better prevent risks in the country’s financial system. The China Banking and Insurance Regulatory Commission and the People’s Bank of China on Saturday jointly…

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ISS Urges Apple Shareholders To Vote For CEO Tim Cook, Other Execs' Pay Packages

ISS Urges Apple Shareholders To Vote For CEO Tim Cook, Other Execs’ Pay Packages

(Reuters) – Proxy advisory firm Institutional Shareholder Services (ISS) has urged Apple Inc’s investors to vote for its director nominees and the pay packages for top executives, including Chief Executive Tim Cook. Apple will hold its annual shareholder meeting on March 10. The ISS stance, published in a research note on Friday, comes after the…

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U.S. Sanctions Authority Probes Raiffeisen On Russia

U.S. Sanctions Authority Probes Raiffeisen On Russia

By John O’Donnell, Francesco Canepa and Alexandra Schwarz-Goerlich FRANKFURT/VIENNA (Reuters) -The United States’ sanctions authority has launched an inquiry into Raiffeisen Bank International over its business related to Russia, increasing scrutiny of the Austrian lender that plays a critical role in the Russian economy. Responding to questions from Reuters, the bank said it had received…

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