"If banks were not authorized to cooperate with the U.S. authorities, the initiation of further criminal investigations or charges concerning banking institutions could not be ruled out," a Swiss government statement said.
Rebecca Harms, a leader of the Green Party in the European Parliament, called for a special committee to investigate the claims and the possible cancellation of existing agreements between the European Union and the United States concerning bank transaction information and airline passenger data.
While several prior studies analyze recovery rates for corporate bonds (e.g., Altman 1989; Renault and Scaillet 2004; Altman et al. 2005), the body of literature concerning bank loan recovery rates has been growing rapidly in recent years.
With the JPMorgan CEO exercising his easy access to the president and his Treasury secretary, Tim Geithner, the new regulations concerning bank derivatives trading were rendered meaningless.
Bair said earlier this year she was concerned bank holding companies were relying on their insured depository institutions as a source of capital strength when the opposite should have been the case.
We have had several similar letters in recent months concerning other banks.
States can make laws concerning the banks' practices, they argued, but only the federal government should enforce those laws.
One of the chief complaints of investigators concerning tumour banks is the lack of sizeable specimens received for their research.
Data quality is of particular concern".Not to exaggerate the supervisors' concern, banks have improved, the group said.
