Some Dutch banks likely too big to fail : central bank

Dutch financial institutions, many of which were hit in the 2008 crisis, are likely be on the list of global too-big-to-fail banks and will need to meet new extra capital requirements, the central bank said on Wednesday. Regulators and central bankers, headed by the Basel Committee on Banking Supervision, are still debating which global banks should be considered systemically important fin...

Madoff trustee claim also targets RBS: ABN AMRO

Dutch bank ABN AMRO said on Saturday a $270 million claim filed against it by a trustee seeking to recoup money for victims of Bernard Madoff related to operations now owned by British bank RBS .

German juggernaut propels euro zone GDP jump

European economic growth accelerated sharply in the second quarter of 2010 as Germany's best performance since reunification more than made up for the struggles of Spain, Ireland and recession-ravaged Greece.

RBS poised to sell WorldPay

A healthier loan book drove higher second-quarter profits at Royal Bank of Scotland , echoing a pattern set by rivals' results this week, and the bailed-out group said its revival plan was on track.

MUFG plans to buy China fund stake from BNP

Mitsubishi UFJ Financial Group <8306.T> plans to buy BNP Paribas' stake in a Chinese fund venture for $50 million, giving Japan's biggest bank access to China's $300 billion mutual funds market, two sources with direct knowledge of the deal said on Monday.

Calls for probe after ABN CEO warns on repayment

The chief executive of nationalized Dutch bank ABN AMRO said it was unlikely the state would recover the full 30 billion euros ($36.8 billion) it has spent buying and supporting the bank, sparking calls for new parliamentary hearings into the aid.

U.S. says ABN turned blind eye to evade sanctions

U.S. prosecutors have accused ABN Amro, now largely part of Royal Bank of Scotland , of turning a blind eye to U.S. laws, using special procedures to bypass U.S. sanctions against Cuba, Iran and other countries.

UK's RBS beats expectations with return to profit

Royal Bank of Scotland beat expectations with a return to profit in the first quarter as bad debts continued to shrink, even as investment banking earnings more than halved from its strong start to last year.

Goldman faces pressure, reform momentum grows

Goldman Sachs Group Inc faced rising regulatory and legal pressure on Monday as allegations that the bank duped clients fueled momentum for regulatory reform on both sides of the Atlantic.


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Germany, UK demand Goldman Sachs probe

Germany and Britain will seek details from the U.S. Securities and Exchange Commission about the activities of Goldman Sachs Group Inc as a prelude to potential legal steps following a U.S.-led fraud investigation.
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ABN to hand over operations to Deutsche early 2010

Dutch state-owned bank ABN AMRO [ABNNV.UL] will transfer some corporate client operations to Deutsche Bank (DBKGn.DE) to pave the way for ABN's merger with Fortis Bank Nederland, ABN AMRO said on Wednesday.
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Fine for Credit Suisse raises Iran alarm

A surprise $536 million settlement by Credit Suisse to a U.S. probe over financial dealings with Iran should only do short-term damage to the Swiss bank, but others could now be in the line of fire.