Finance

RBS Led Dubai World Lenders, HSBC Has Most at Stake in UAE, JPMorgan Says Royal Bank of Scotland Group Plc was the biggest underwriter of loans to Dubai World, the state company seeking to reschedule debt, while HSBC Holdings Plc has the most at risk in the United Arab Emirates, according to JPMorgan Chase & Co.

U.K. Has $49.5 Billion Loans to U.A.E., Most in Europe, Royal Bank Says British banks are Europe’s biggest lenders to the United Arab Emirates, constituting $49.5 billion of the continent’s $87.3 billion loans outstanding to the Gulf state, Royal Bank of Scotland Group Plc said.

Dubai Shows Limits of Government Bailouts for Markets, Roubini's Das Says The worldwide decline in equities spurred by Dubai’s efforts to reschedule its debt is a sign that government spending alone won’t be enough to protect financial markets, according to Arnab Das of Roubini Global Economics.

Fed, Treasury Examiners Faulted in Watchdog Reports on U.S. Bank Failures Treasury Department and Federal Reserve examiners should have done more to halt risky lending at U.S. banks that failed amid real-estate losses, reports by agency watchdogs show.

Sarkozy Wins Bid to Install Ally Barnier as EU's Financial-Services Chief French President Nicolas Sarkozy won his bid to install an ally as the European Commission’s next financial-services regulator, fueling British concern that traders and hedge funds will face stricter rules.

Bank of America Shouldn't Extend Ken Lewis's Departure Date, Finger Says Bank of America Corp., the biggest U.S. bank by assets, shouldn’t delay the departure of Chief Executive Officer Kenneth D. Lewis and should continue looking outside for a replacement, said investor Jonathan Finger.

Goldman Sachs Says Bolthouse Won't Pay Fees to North Sea-Advised Lenders Wm. Bolthouse Farms Inc. won’t pay fees to some of its lenders for agreeing to change the terms of a credit agreement after they asked that their adviser also be compensated, people familiar with the transaction said.

Canadian Bank Bonuses May Jump 50% This Year on Market Rebound, Vlaad Says Investment bankers at RBC Capital Markets, TD Securities and other Canadian firms may see bonuses jump as much as 50 percent from last year after record stock sales and a surge in mergers fueled bank fees, a recruiter said.

Feinberg Blame-Taking Over Pay Rules May Shield White House From Backlash Kenneth Feinberg, the Obama administration’s special master for executive pay, has taken the blame for Bank of America Corp.’s protracted search for a new leader and for putting at risk Wall Street’s ability to lure top talent, helping the White House deflect the same criticism.

Build America Issuers Pay Banks $100 Million More Than For Tax-Exempt Debt States and municipalities paid an average 37 percent more to investment banks for underwriting Build America Bonds than for handling tax-exempt sales since offerings of the subsidized taxable debt began in April.

HSBC, Standard Chartered Lead Declines in Asian Financials on Dubai World HSBC Holdings Plc, Europe’s biggest bank, and Standard Chartered Plc led declines in Asian financial stocks on concern lenders may be hurt by Dubai World’s plan to delay payments to creditors.

Credit-Default Swap Reforms Roiled as Aiful, Cemex, Thomson Test Payments Wall Street’s system for determining payments on derivatives linked to the debt of defaulted companies is showing cracks less than a year after securities firms changed practices to avoid “Draconian” regulation.