Reuters logo Reuters 2 weeks ago

UK urges G20 to consider bank levy

ST ANDREWS, Scotland (Reuters) - Britain pressed the G20 on Saturday to come up with a plan to make banks pay for any future bailouts but one idea of imposing a global financial transactions tax was immediately shot down by the United States. Full Article at Reuters

Related Topics:

  1. G-20
  2. International Monetary Fund
  3. Alistair Darling

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Related Quotes

  1. There have been proposals for an insurance fee to reflect systemic risk or a resolution fund or contingent capital arrangements or a global transaction levy
    Gordon Brown – Gordon Brown SOURCE: Reuters 2 weeks ago
  2. We agree that we have to build a system in which taxpayers are not exposed to the risk of losses in future, where markets and investors don't live with the expectations that governments are going to save them from their mistakes
    Timothy F. Geithner – Timothy F. Geithner SOURCE: Reuters 2 weeks ago
  3. We should discuss whether we need a better economic and social contract to reflect the global responsibilities of financial institutions to society
    Gordon Brown – Gordon Brown SOURCE: Reuters 2 weeks ago
  4. We agree that we have to build a system in which taxpayers are not exposed to the risk of losses in future, where markets and investors don't live with the expectations that governments are going to save them from their mistakes
    Timothy F. Geithner – Timothy F. Geithner SOURCE: ABC News 2 weeks ago
View all Related Quotes »
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  1. German Finance Minister Wolfgang Schaeuble makes a point during his speech at the German lower house of parliament Bundestag in Berlin, November 12, 2009.
  2. ST ANDREWS, SCOTLAND - NOVEMBER 07:British Chancellor of the Exchequer, Alistair Darling gives a media conference at the end of the G20 finace ministers meeting on November 7, 2009 in St Andrews, Scotland.
  3. ST ANDREWS, SCOTLAND - NOVEMBER 06: Martín Redrado, Governor of the Central Bank of Argentina, arrives to attend the G20 Finance Ministers meeting at a hotel in St. Andrews, on November 6, 2009 in St Andrews, Scotland.
  4. PITTSBURGH - SEPTEMBER 25: U.S. President Barack Obama speaks during a news conference following day two of the G-20 summit September 25, 2009 in Pittsburgh, Pennsylvania.
  5. PITTSBURGH - SEPTEMBER 25: Protesters wear masks as they rally against the G-20 Summit meeting on September 25, 2009 in Pittsburgh, Pennsylvania.
  6. The spouses of the visiting G-20 leaders (top-L-R) wife of Thai Prime Minister Abhisit Vejjajiv, unknown, Dr Pimpen Vejjajiva, wife of EU Commission Chairman Jose Manuel Barroso, Margarida Sousa Uva, wife of Australian Prime Minister Kevin Rudd, Therese Rein, Filippa Reinfeldt, wife of Swedish Pr...
  7. PITTSBURGH - SEPTEMBER 24: A group of Free Tibet protesters march through the streets near the site of the G-20 Summit on September 24, 2009 in downtown Pittsburgh, Pennsylvania.
  8. PITTSBURGH - SEPTEMBER 23: Mounted police patrol outside the site of the G-20 summit on September 23, 2009 in Pittsburgh, Pennsylvania. Large protests are expected during the G-20 Summit in Pittsburgh this week.
  9. LONDON, ENGLAND - SEPTEMBER 05: Britain's Chancellor of the Exchequer Alistair Darling gestures as he talks to reporters at the G20 Finance Ministers meeting on September 5, 2009 in London, England. The world's leading economic powers are meeting in London for the second time in 2009.

Cast of Characters

  1. G-20
  2. Alistair Darling Alistair Darling
  3. International Monetary Fund International Monetary Fund
  4. Timothy F. Geithner Timothy F. Geithner
  5. Xinhua
  6. United States Department of the Treasury United States Department of the Treasury