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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.”
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By Cheyenne Hopkins, Bloomberg |
April 2, 2012
The U.S. Treasury Department and regulators will move one step closer tomorrow to designating some companies as posing a risk to the country’s financial system in the event of their failure.
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By Cheyenne Hopkins, Bloomberg |
March 28, 2012
U.S. Treasury Secretary Timothy F. Geithner said today that the nation’s economy is “regaining strength” and that the recovery “will depend in part on events beyond our shores.”
