Cheyenne Hopkins

Derivatives changes blocked by Senate resistance, Himes says

By Cheyenne Hopkins | April 25, 2013

U.S. House derivatives legislation designed to roll back some Dodd-Frank Act requirements will face resistance from Senate Democrats.
Too-big-to-fail bill pitched as fix for Dodd-Frank Act’s flaws

By Cheyenne Hopkins | April 24, 2013

More legislation is needed to rein in biggest U.S. banks because the Dodd-Frank Act has failed to guard taxpayers, the bill’s sponsors said.
JPMorgan hid trades banned by Volcker Rule, Senate probe claims

By Cheyenne Hopkins | March 14, 2013

JPMorgan Chase & Co. engaged in high-risk proprietary trading under the guise of ordinary hedging, said Senate investigators.
Levin report on JPMorgan whale said to fault OCC risk oversight

By Cheyenne Hopkins | January 17, 2013

JPMorgan Chase and a U.S. regulator reportedly will face criticism for lax oversight in a report by Senate investigators on the bank’s $6.2 billion trading loss.

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Commodities

Mexico Congress approves oil bill breaking 75-year monopoly

Mexico will end 75 years of government control of its vast oil reserves after Congress approved the nation’s most significant economic reform since the North American Free Trade Agreement.

Financials

U.S. stocks fluctuate on Fed bets after retail sales, jobs data

U.S. stocks fluctuated, after the Standard & Poor’s 500 Index had its biggest loss in a month, as investors weighed whether improving economic data will prompt the Federal Reserve to cut stimulus next week.