Bank of America Mixed Serious Banking and Fun Swaps
There is a widespread belief that banks shouldn't be using insured deposits to fund the creepy activities of their bond-trader and investment-banker colleagues.
House Seeks 6-Month Halt on SIFI Designations
House Financial Services will vote Thursday on a bill that would bar the FSOC from designating any financial institution as systemically significant for six months.
Dodd and Frank, Together Again, Defend Their Namesake Law
Appearing together in public for the first time since retiring from Congress, Christopher Dodd and Barney Frank defended controversial aspects of the landmark legislation.
Sheila Bair: Low Interest Rates Hurting Economy
Former FDIC Chairwoman Sheila Bair is the latest high-profile official to voice concern over the Federal Reserve’s low-interest-rate policy.
Pandit’s Exit Means End of ‘Shock and Awe’ Era: Bank Analyst
The heyday of volatility at the big banks could be replaced by a "boring" period, says SNL Financial's Nancy Bush.
Sheila Bair Calls Pandit’s Departure From Citi a ‘Very Positive Move’
Bair had "concerns" about Pandit's qualifications to serve as the CEO of Citigroup.
Fiduciary Rule Could Be Years Away: Industry Experts
Knut Rostad, president of the Institute for the Fiduciary Standard, told AdvisorOne on Wednesday that regulators will most likely "continue to punt" the fiduciary issue.
Sandy Weill Wants Banks Small Again, Chris Dodd Wants Them Big
If politics makes strange bedfellows, it also makes for strange adversaries.
On Dodd-Frank’s 2nd Birthday, Should Investors Celebrate?
Individual investors have not witnessed dramatic regulatory changes favoring investors over the past two years, but they seem to be voting with their assets, moving them more toward fiduciary advisors.
Volcker Rule Untenable? Analyst Says JPMorgan’s Failed Hedge Is Proof
In the immediate aftermath of JPMorgan's $2 billion trading loss, both conservative and liberal voices have been heard calling for tighter regulation, but Peter Wallison makes the opposite case.