Posts Tagged ‘Switzerland’

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LatAm stocks rise as China data boost risk assets

LOS ANGELES (MarketWatch) — Major Latin American equity markets climbed Monday, in step with rallies on Wall Street and in Europe and Asia following favorable August production and consumption data from China as well as an agreement in Switzerland on new banking rules. Brazil’s Bovespa rose, with shares of oil giant Petrobras up 2.5% as [...]

Regulators agree tougher bank rules: source

BASEL, Switzerland (Reuters) – Global regulators and central bank governors have reached a deal on Basel III, a sweeping reform that will force banks to hold more capital to withstand financial shocks, a source close to the process said on Sunday. View full post on Business Stories