Topic: Davos

Rep Frank says banks "recognizing reality"

DAVOS, Switzerland (Reuters) - Barney Frank, the powerful chairman of the House Financial Services Committee, said on Saturday a reported move by banks to agree on a global wind-down fund was a "" Frank was speaking as commercial lenders and major international ...

Bankers warn against isolated U.S., UK steps on banks

DAVOS, Switzerland (Reuters) - Leading bankers and industry groups warned on Wednesday against isolated initiatives by the United States and Britain to regulate banks, saying one set of rules were needed to govern the global banking industry.The Group of 20 leading nations ...

How Business Can Help Untangle the Mess

In spite of the gloom about the economy I witnessed at this week's World Economic Forum in Davos, hope was in the air about a new era of global collaboration resulting from President Barack Obama's inauguration. After a decade of declining respect ...
World Economic forum to focus on plans for post-crisis world, turn down star powerNo Bono, no Angelina.With capitalism in crisis, the 2,500 business and political leaders at the World Economic Forum in Davos, Switzerland this week will find less starpower than usual.Organizers ...

Davos scales back glitz

World Economic forum to focus on plans for post-crisis world, turn down star powerNo Bono, no Angelina.With capitalism in crisis, the 2,500 business and political leaders at the World Economic Forum in Davos, Switzerland this week will find less starpower than usual.Organizers ...