Most recently he was China chairman and Asia regional head of global banking at Deutsche Bank.
Ringfencing could also be an aspirational statement about how the global banking system should evolve.
Careless leveraging by U.S. consumers was abetted by a global banking industry reaching for yield.
Earlier this month, RBS announced it would cut 3, 500 jobs from its global banking division.
Basel III was created in response to the financial crisis, the BCBS revised global banking standards.
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My favorite global banking play is HSBC (nyse: HBC - news - people ).
What is needed now is Treasury action to address what has morphed into a global banking crisis.
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The FSA recently published its feedback to comments made on their Turner report on the global banking crisis.
Backers of the bill said it was needed to avoid further freezing of credit in the global banking system.
HSBC, the global banking company, has shown that it fully recognizes that its business relies on an educated public.
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The Basle proposals mark the first time emerging economies have been involved in the drafting of global banking standards.
Masrani says the difficult decision enabled TD Bank to rise above the epic turmoil roiling around the global banking industry.
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The resulting company is big enough to take on a global banking client, as it has with Dresdner Kleinwort Benson.
In January Citigroup announced it was beefing up its strategic advisory group to support its expansion plans into global banking.
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The U.K.-based bank's effort to settle comes amid a swirl of global banking scandals and rising antibank sentiment in election-year Washington.
Regulators have changed the face of global banking and Deutsche Bank is already showing its willingness to play by the new rules.
While reading all this I could not quite suppress the parallels with global banking leaders like HSBC, Barclays, RBS and many more.
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There are two huge and related problems in the global banking system.
Even factoring in the U.K.'s role as a global banking center, that debt load was 380% of GDP, the second-highest in the world.
That was the warning from one of the biggest figures in global banking - Josef Ackermann, chief executive of the huge Deutsche Bank.
Apart from anything else, it is hard to find anyone who would knock Jain's track record through the global banking crisis and beyond.
There has never been a period in history when 20 governments have agreed on anything, much less something as important as the global banking system.
That forces nervous traders and even regulators to piece together a view of a complex, global banking system using threads of data, anecdotal information and even rumors.
The second stage will deal the most systemically important institutions and how the Fed plans to adapt global banking requirements for them under Basel III.
Once again the Fed and global central banks have come to the rescue in a coordinated act to shore up confidence in the global banking system.
The 2008 global banking crisis crippled many of the largest banks with the effect of curtailing their appetite and capacity to participate in project related syndicate loans.
But the first glimpses suggest that the global banking sector will be less crowded at the top, more boring and generally less profitable for both shareholders and employees.
Deutsche Bank competes with other global banking giants including Credit Suisse , UBS, Bank of America, Citigroup, Morgan Stanley and Goldman Sachs.
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Among the high-yielding financial stocks that UBS favors are companies like French banks Societe Generale and BNP Paribas, insurers Allianz and Zurich Financial and global banking giant HSBC.
Shariah banks make up a small fraction of the global banking sector, and they may have suffered less than Western counterparts by being sheltered from the subprime crisis.
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