Monday 29 April 2024
 
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bank levy

G20 officials see no deal on bank levy

The world's top nations will back general principles rather than a specific tax to make banks pay for their own bailouts in future, finance ministers and diplomats said on Thursday. The Group of 20 has pledged a string of reforms to fi

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G20 to discuss bank levy, capital controls

The proposed introduction of a bank levy and possible ways to control cross-border capital flows will top the agenda at this week's G20 finance ministers meetings, host South Korea said on Tuesday.    Finance Minister Y

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EU ministers fail to reach deal on bank levy

European Union finance ministers failed to agree on Saturday how to impose a bank levy, possibly delaying a global accord on taxing the financiers many accuse of causing recession. Asked about a bank levy, Elena Salgado, Spain's econom

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