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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.
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By Craig Torres, Bloomberg |
April 9, 2013
Federal Reserve Bank of Richmond President Jeffrey Lacker said plans to limit the size or change the structure of the largest financial institutions must be made with the intent of allowing a failure without government aid.
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By Phil Mattingly, Bloomberg |
March 6, 2013
The size of the largest financial institutions has made it difficult for the U.S. Justice Department to bring criminal charges when there’s wrongdoing, Attorney General Eric Holder said.
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By Craig Torres and Cheyenne Hopkins, Bloomberg |
February 4, 2013
Top U.S. bank regulators and lawmakers are pushing for action to limit the risk that the government again winds up financing the rescue of one or more of the nation’s biggest financial institutions.
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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 Alanna Byrne, Daniel P. Collins |
August 27, 2012
As we approach the four-year anniversary of Lehman Brothers’ collapse, the current administration has done little to reduce the systemic risk inherent in our financial system.
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By Michael McFarlin |
May 24, 2012
One of the major concerns supposedly addressed in the Dodd-Frank Act was that many banks had become “too-big-to-fail.” Here's a look at the size of the 10 largest banks in 2008 compared to now.
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By David J. Lynch, Bloomberg |
April 16, 2012
Two years after President Barack Obama vowed to eliminate the danger of financial institutions becoming “too big to fail,” the nation’s largest banks are bigger than they were before the nation’s credit markets seized up.
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By Caroline Salas Gage, Bloomberg |
April 11, 2012
Federal Reserve Bank of Kansas City President Esther George said regulators must eliminate too-big-to-fail policies that bail out large financial institutions during times of crisis.
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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.
