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By Cheyenne Hopkins, Bloomberg |
November 26, 2013
The U.S. Chamber of Commerce called for delaying approval of the Volcker rule ban on proprietary trading by banks.
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By Cheyenne Hopkins, Bloomberg |
October 30, 2013
Legislation to undo a requirement that banks separate swaps trading from deposit-taking units was advanced with bipartisan support.
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By Cheyenne Hopkins, Bloomberg |
July 29, 2013
U.S. banks’ ownership and trading of physical commodities will face further scrutiny tomorrow when the heads of the CFTC and SEC testify before lawmakers.
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By Cheyenne Hopkins, Bloomberg |
July 4, 2013
Four Democratic lawmakers sent a letter to Fed Chairman Ben S. Bernanke asking if big bank investments in commodities pose risks to the economy.
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By Cheyenne Hopkins, Bloomberg |
December 20, 2012
Senior U.S. lawmakers from both parties are seeking more criminal prosecutions for executives tied to financial-industry wrongdoing as the government reaches billion-dollar settlements with UBS AG and HSBC Holdings Plc.
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By Cheyenne Hopkins, Bloomberg |
December 13, 2012
Volcker rule opponents are making their case for alternatives to the proprietary trading ban at a U.S. House Financial Services Committee hearing as regulators move closer to completing work on the Dodd-Frank Act measure.
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By Cheyenne Hopkins, Bloomberg |
September 25, 2012
New financial regulations have yet to make markets safer and financial systems are still too complex, according to an International Monetary Fund report.
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By Cheyenne Hopkins, Bloomberg |
June 20, 2012
Federal Reserve Chairman Ben S. Bernanke said the Volcker Rule may have influenced the outcome of JPMorgan Chase & Co.’s $2 billion trading loss.
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By Cheyenne Hopkins, Bloomberg |
May 14, 2012
The Office of Comptroller of the Currency said today that it is examining JPMorgan Chase & Co.’s activities and evaluating their transactions following a $2 billion loss
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By Cheyenne Hopkins, Bloomberg |
April 27, 2012
The largest U.S. banks, including JPMorgan Chase & Co. and Goldman Sachs Group Inc., told the Federal Reserve that a limit on their credit exposure is unnecessary and “fundamentally flawed.”
