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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 Jesse Hamilton, Bloomberg |
February 26, 2013
U.S. banks had $141.3 billion in net income last year, the second-best on record behind the $145.2 billion total reported for 2006, on non-interest income and lower loss provisions, the Federal Deposit Insurance Corp. said.
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By Cheyenne Hopkins and Kathleen Hunter, Bloomberg |
December 4, 2012
U.S. Senator-elect Elizabeth Warren, the Harvard University law professor and critic of Wall Street, is poised to join the Senate Banking Committee after she’s sworn into office in January.
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By Carter Dougherty and Cheyenne Hopkins, Bloomberg |
November 2, 2012
Mid-sized banks that mostly let Wall Street and small firms speak for the industry during the debate over the Dodd-Frank Act have decided it’s time to carve out their own agenda in Washington.
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By Silla Brush and Matthew Leising |
October 3, 2012
The CFTC, facing an Oct. 12 start date for a slate of derivatives rules, is being bombarded with requests to ease or delay the Dodd-Frank Act measures.
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By Max Abelson, Bloomberg |
October 3, 2012
The combined $63 billion in profit reported by the six largest U.S. lenders over the four quarters through June is more than they earned in any calendar year since the peak in 2006.
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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 Craig Torres, Cheyenne Hopkins and Ian Katz, Bloomberg |
March 14, 2012
The resilience of the largest U.S. financial firms when tested against a recession more severe than the last one shows regulators have succeeded in pushing banks to build fortress-like balance sheets.
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By Press Release |
September 6, 2011
The associations say that in the case of a bailout or default, foreign and domestic deposits should be treated equally class in any depositor preference law.
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By Press Release |
June 10, 2011
The groups say the relief is necessary for the "continued proper functioning of derivatives markets."
