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Dollars to the European Rescue

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The Wall Street Journal's reporting in Sept, 2011, on France's bank BNP Paribas. Contributor Nicolas Lecaussin quoted a BNP Paribas executive saying the bank no longer had access to dollar funding. There is a loss of dollar funding to French banks from U.S. money market funds as the funds reduce exposure and shorten maturities. Analysts point to the French banks having one of the lowest ratios of liquid assets to short term funding needs in Europe. This reporting was questioned by BNP Paribas and French government officials. This happened as central banks including the U.S. Fed intervened in markets in September 2011, to ensure full availability of dollar funding to French banks.

The Wall Street Journal's reporting in 2011-2012 on France's banks, BNP Paribas, Credit Agricole and Societe Generale

09/16/2011

Grouped Articles

Dollars to the European Rescue

Wall Street Journal 09/16/2011

IMF Urges EU Banks To Raise Capital

Wall Street Journal 09/22/2011

German Bankers Argue Against Capital Plans

Wall Street Journal 10/14/2011

European Banks Face Deadline to Raise Capital Levels

New York Times 10/13/2011

French Banks Absorb New Hit From Greek Debts

Wall Street Journal 10/15/2011

Banks Conduct Greek 'Fire Drills'

Wall Street Journal 11/04/2011

France's banks and losses from expansion in Greece

06/22/2011

French banks BNP Paribas, Societe Generale, Credit Agricole and other banks expanded in Greece. This is now turning out to be a burden.

Grouped Articles

Greece Expansions Backfire

Wall Street Journal 06/23/2011

Derivatives Cloud the Possible Fallout From a Greek Default

New York Times 06/22/2011

A Guide to the New Deal in Athens: How a 'Selective Default' Works

Wall Street Journal 07/22/2011

Bad Brussels Buffet

Wall Street Journal 07/22/2011

Fear, Rumors Pummel Europe Bank Shares

Wall Street Journal 08/11/2011

Bans Imposed on Some European Short Selling

Wall Street Journal 08/12/2011

New Basel rules in June 2011

01/21/2010

A decision by the Basel Committee during the weekend June 25-26, 2011, to increase bank capital reserve requirements to 9.5%.

Grouped Articles

Biggest Banks Fitted for New Collar

Wall Street Journal 06/27/2011

IMF Chief's Change of Tune on Bank Capital

New York Times 09/14/2011

Euro Banks' Capital Conundrum

Wall Street Journal 09/15/2011

Dollars to the European Rescue

Wall Street Journal 09/16/2011

UBS Losses Alter Regulation Debate

Wall Street Journal 09/16/2011

'Bucket' List: G-20 Panel Names Top Global Banks

Wall Street Journal 11/05/2011

U.S. Fed governor Daniel Tarullo and new capital reserve requirements for U.S. banks in 2011-2015

10/24/2009

Grouped Articles

Banks Feel Heat on Capital

Wall Street Journal 05/01/2013

The Power Behind the Throne at the Federal Reserve

New York Times 07/31/2013

Fed Boosts Pressure on Banks Over Capital Levels

Wall Street Journal 08/20/2013

Banks Ordered to Add Capital to Limit Risks

New York Times 04/08/2014

Regulator Suggests End to Bank's Self-grading

New York Times 05/08/2014

Fed’s New Bank-Regulation Tune Should Be One Direction

Wall Street Journal 12/02/2014

Expert opinion on capital cushion requirements for large banks to prevent future crises- 2011-2015

01/21/2010

In addition to Basel 3 rules for capital cushions, individual countries have come up with additional safety buffers. Britain's independent banking commission has proposed an additional 3% buffer for large banks. Swiss regulators are asking the largest Swiss banks to have an additional 9% in convertible capital as an additional safety buffer, which would also discourage excessive risk taking.

Grouped Articles

IMF Chief's Change of Tune on Bank Capital

New York Times 09/14/2011

Swiss Politicians Push for Stricter Bank Capital Rules

Wall Street Journal 11/04/2013

Capital: How much is enough?

Economist 05/14/2011

Bank reform: Commission accomplished

Economist 04/16/2011

Banks May Need More Capital

Wall Street Journal 06/04/2011

Dimon in Rough Patch With the Fed

Wall Street Journal 06/09/2011

BNP Paribas

06/16/2011

Grouped Articles

Revenue Slumps at BNP Paribas, but Profit Rises on Cost-Cutting

New York Times 10/31/2013

BNP Paribas Hit by $1.1 Billion Legal Provision

Wall Street Journal 02/14/2014

BNP Paribas Aims for Double-Digit Earnings Growth

Wall Street Journal 03/25/2014

In U.S., BNP Must Pay to Play

Wall Street Journal 05/31/2014

U.S. Wants Firings at France's BNP

Wall Street Journal 05/31/2014

Possible U.S. Fines Increase Tensions at BNP Paribas

Wall Street Journal 06/05/2014

Societe Generale

02/02/2008

Grouped Articles

How to Lose $7.2 Billion: A Trader's Tale

Wall Street Journal 02/02/2008

A Trader’s Secrets, a Bank’s Missteps

New York Times 02/05/2008

French Banks Warned on Their Greek Debt

Wall Street Journal 06/16/2011

Fear, Rumors Pummel Europe Bank Shares

Wall Street Journal 08/11/2011

Bans Imposed on Some European Short Selling

Wall Street Journal 08/12/2011

Societe Generale Matters Beyond France

New York Times 08/12/2011


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