Bank Overseer Lawsky to Depart, After Making New York $6B Richer
Benjamin Lawsky will step down next month as New York’s top bank regulator. He plans to set up a cybersecurity consulting firm.
Closing Irish Tax Loophole May Spook Corporations but Not Economy
The Celtic Tiger is baring its claws in a different way these days.
S&P 500 Pares Biggest Loss Since 2011; Bonds Trim Rally
Jittery markets go through wild ride but recover at close. S&P lost 3% but ended day down 0.8%.
How to Frame Annuities More Attractively
New research points to ways of increasing annuities' appeal.
Hedge Funds May Be Less Risky Than Thought: U.S. Treasury Analysis
Report examined leverage levels, risk modeling and amount of hard-to-value assets in 6,000 hedge fund portfolios.
Asset Managers as SIFIs? No Way, Trade Groups Say
SIFMA and the IAA called on the Treasury to withdraw its report on asset managers' systemic importance, calling it biased and inaccurate.
Treasury, IRS Change FSA Use-or-Lose Rule
Treasury Secretary Lew says the change is a "common-sense solution" to help people pay for health care.
NARAB II Bill Clears Senate Banking Committee
The bill would establish the National Association of Registered Agents and Brokers, a nonprofit, independent board to provide a mechanism for multistate licensing for insurance producers
New Hire Roundup: Westport Resources Promotes DeLaura
This week in new hires, Westport Resources promoted Christopher DeLaura and added Ashley Schexnaildre, and Susan Axelrod was promoted and Jonathan Sokobin was added by FINRA.
SIFMA CEO Tim Ryan Leaves for JPMorgan
Tim Ryan, SIFMA president and CEO, resigned Tuesday after being named global head of regulatory policy and strategy at JPMorgan Chase.