Headline Details

Big banks face $500bn "bail in" bonds bill - S&P

Published on: Tue, 03 Feb 2015 16:24:26 UTC
News Agency: Reuters
Description:
LONDON, Feb 3 (Reuters) - The world's 30 biggest banks will have to issue more than $500 billion in bonds to comply with proposed global rules aimed at shielding taxpayers from the risk of future banking failures, credit rating agency Standard & Poor's (S&P) said on Tuesday.

Click here for FULL Story on Reuters

Also happening now

HeadlineNews Agency
Clashes, air strikes resume in Yemen's Hodeidah: residents Reuters
Spain demands Gibraltar veto in Brexit deal BBC
Polish Church asks for forgiveness for pedophilia cases Reuters
Berlin imposes travel ban, arms freeze over Khashoggi killing Reuters
Saudi king to open mine project, crown prince to attend G20 Reuters