【环球时报驻法国特约记者 董铭】据《纽约邮报》14日报道，拥有162年历史的瑞士银行业巨头瑞银正 在考虑将其总部迁往美国，以回应瑞士政府对于新资本监管提出的要求。据知情人士透露，瑞士银行高 层近期已与美国政府官员会面，为可能的战略转变做准备，其中可能的操作包括收购美国的银行或进行 合并。 值得注意的是，瑞士仍在承受美政府上月决定对该国产品征收39%关税带来的冲击，瑞士政府已寻求瑞 银支持以争取更有利的贸易条款，彭博社称，这可能为该行提供改善与政府关系的途径。 据知情人士透露，瑞银高管正在制订将总部从苏黎世迁至美国的计划，他们希望在当地获得更宽松的监 管环境。该行新闻发言人未否认就潜在美国新总部事宜与美政府官员会面。美政府消息人士对此表示， 美国放松管制举措重点就在于说服瑞银等外国公司在美国运营，"这正是我们期望的"。 早在今年7月份，路透社从内部渠道得知，瑞银曾通报其高层总部迁出瑞士的必要性正在增加，彼时英 国伦敦也是一个受欢迎的选址方案。 瑞士政府于今年6月在瑞银收购竞争对手瑞士信贷后提出更严格规定，监管机构的新资本要求将迫使瑞 银增加260亿美元的"抗亏损缓冲资金"，《纽约邮报》报道提到，瑞士政府提出有关 ...

摩根大通CEO戴蒙：监管是银行业"船上的藤壶"。 ...

Core Insights - The Chinese financial industry is undergoing significant reforms and innovations in the first half of 2025, focusing on banking, insurance, securities, and consumer finance [2] - Regulatory scrutiny remains high, with a total of 2,755 fines issued to banks, amounting to 787 million yuan [2][3] - Agricultural commercial banks lead in both the number and amount of fines, followed closely by state-owned banks [5][6] Regulatory Environment - The banking sector received the highest number of fines in January, with 803 fines issued, accounting for nearly 30% of the total for the first half of the year [3] - Agricultural commercial banks faced fines totaling 222.19 million yuan, while state-owned and joint-stock banks were fined 180.02 million yuan and 159.24 million yuan, respectively [5][6] Penalty Details - Six banks received fines exceeding 10 million yuan, with the highest fine of over 51.6 million yuan imposed on a state-owned bank for multiple violations [7] - A significant portion of penalties (37.58%) was related to credit business violations, highlighting compliance issues in consumer credit products [8][10] Compliance Issues - Common violations include inadequate loan management practices and breaches of internal control systems [9][10] - Several banks were penalized for consumer loan mismanagement, with funds being misallocated to restricted areas such as the stock market [10][11] Individual Accountability - A total of 1,672 individuals in the banking sector were penalized, with 46 facing lifetime bans from the industry [12] - Eight individuals had their senior management qualifications revoked due to serious compliance failures [12]

Core Viewpoint - The Federal Reserve Chairman Jerome Powell emphasized the need to maintain current interest rates until there is clearer evidence of sustained inflation decline, indicating a cautious approach to monetary policy adjustments [1][2]. Group 1: Monetary Policy and Economic Indicators - The Federal Reserve decided to keep the federal funds rate target range unchanged at 4.25% to 4.5%, marking the fourth consecutive meeting without a rate change, with potential for two rate cuts later this year [1][2]. - Powell noted that while U.S. economic growth has slowed, it remains resilient, and the labor market is close to maximum employment levels. However, inflation is still above the Fed's 2% target, indicating no clear conditions for rate cuts yet [1][3]. - Upcoming economic data releases, including the May Personal Consumption Expenditures (PCE) price index and June Consumer Price Index (CPI), are critical for future monetary policy decisions [3]. Group 2: Political and Regulatory Context - Powell maintained that the Fed's policy decisions are based on objective assessments of economic outlook and inflation, independent of political pressures, despite criticism from former President Trump regarding high interest rates [4][5]. - The Fed is evaluating potential adjustments to the enhanced supplementary leverage ratio (eSLR) rules, which some market participants believe restrict trading capabilities of systemically important banks [7]. Group 3: External Factors and Inflation Risks - Powell acknowledged the impact of geopolitical tensions in the Middle East on energy prices but stated that such short-term fluctuations are unlikely to significantly influence long-term monetary policy decisions [6].

Core Viewpoint - Federal Reserve Chairman Jerome Powell will defend the decision to maintain interest rates unchanged for the fourth consecutive time during congressional hearings this week, amidst ongoing pressure from former President Trump for rate cuts [1][2]. Group 1: Interest Rate Policy - Powell is expected to reiterate that the Federal Reserve is in a favorable position to wait for more economic data before considering any rate changes, emphasizing the need for caution [2][3]. - Economists predict that the core inflation indicator favored by the Federal Reserve may have only risen by 0.1% for the third consecutive month in May, marking the mildest inflation performance since 2020 [2][3]. - Internal divisions within the Federal Reserve regarding the impact of tariffs and interest rate policy are highlighted, with two governors indicating potential support for a rate cut in July [2][3]. Group 2: Geopolitical Conflict Impact - Powell is likely to face questions regarding the economic implications of the ongoing conflict between Israel and Iran, especially after the U.S. engaged directly in the conflict [3]. - The price of WTI crude oil initially surged above $78 but later fell back to around $66, reflecting investor concerns about supply risks [3]. - Powell has indicated that while energy prices may rise during Middle Eastern turmoil, such fluctuations typically do not have lasting effects on inflation [3]. Group 3: Political Pressure and Independence - Republican lawmakers are expected to pressure Powell for clear reasoning behind the Federal Reserve's wait-and-see stance, although not all Republicans will adopt a confrontational approach [5][6]. - Some Democratic lawmakers may support Powell, warning that the Federal Reserve's independence is under threat from Republican pressures [6]. - Powell is anticipated to maintain a calm demeanor during the hearings, emphasizing that Federal Open Market Committee decisions are based on careful, objective analysis [6]. Group 4: Banking Regulation Agenda - Observers will assess Powell's views on ongoing regulatory changes, as the White House pushes for a relaxation of regulations [7]. - The Federal Reserve is considering proposals to lower the enhanced supplementary leverage ratio, a rule introduced in 2008 that requires banks to hold a certain amount of capital relative to their assets [7]. - Powell may also need to address a proposal from Senator Ted Cruz to prohibit the Federal Reserve from paying interest on bank reserves, which could impact the Fed's ability to control short-term interest rates [7].

Group 1 - President Trump criticized Federal Reserve Chairman Jerome Powell for not lowering interest rates, suggesting it stems from "personal animosity" but stated he would not seek to remove Powell before his term ends in 2026 [1] - Trump downplayed concerns about a potential economic recession, indicating that the U.S. is in a transitional phase and he is not worried about economic contraction during his term, although he does not rule out the possibility [1] - Recent criticisms from Trump reflect a strong desire from the government for interest rate cuts, while Powell emphasized the need to ensure tariffs do not lead to sustained inflation before considering rate reductions [1] Group 2 - Michael Gibson, the director of the Federal Reserve's regulatory department, is set to leave by the end of the year after over thirty years at the Fed, overseeing the supervision of Wall Street lending institutions and implementing "stress tests" [2] - The nomination of Michelle Bowman as the new vice chair for supervision is pending Senate confirmation, and her approach to bank regulation is expected to be more lenient than Gibson's, potentially ushering in a period of relaxed oversight for Wall Street [2]

Group 1 - The article highlights President Trump's criticism of Federal Reserve Chairman Jerome Powell for not lowering interest rates, suggesting it stems from "personal animosity" [1] - Trump downplays concerns about a potential economic recession, stating that the U.S. is in a transitional phase and he is not worried about economic contraction during his term, although he does not rule out the possibility [1] - Recent public criticism from Trump reflects the government's strong desire for interest rate cuts, while Powell emphasizes the need to ensure tariffs do not lead to sustained inflation before considering rate reductions [1] Group 2 - Michael Gibson, the director of the Federal Reserve's regulatory department, is set to leave by the end of the year after over thirty years of service, which may signal a shift in regulatory approach [2] - Gibson's departure coincides with the Senate confirmation process for Michelle Bowman, a nominee for the vice chair of supervision, who is expected to adopt a more lenient stance on bank regulation, potentially ushering in a period of relaxed oversight for Wall Street [2]