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By Yalman Onaran and Christine Harper, Bloomberg |
December 14, 2012
More than two dozen foreign banks with at least $50 billion of global assets would face stricter U.S. capital rules under a Federal Reserve plan that’s aimed at lowering risks to the financial system.
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By Zachary Tracer, Bloomberg |
December 10, 2012
American International Group Inc.’s rescue is coming to an end more than four years after the U.S. took over the company to save the global economy
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By Sree Vidya Bhaktavatsalam, Bloomberg News |
December 4, 2012
Global banks, forced by regulators to reduce their dependence on profits from high-risk trading, have rediscovered the appeal of the mundane business of managing money for clients.
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By Ian Katz |
December 3, 2012
Treasury Secretary Timothy Geithner's pragmatism amid the most recent financial crisis may offer clues to the solution that will ostensibly avoid the looming fiscal cliff.
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By Mary Childs, Bloomberg |
November 7, 2012
Wall Street’s credit-derivatives traders, who before the financial crisis commanded $2 million of annual pay, are being replaced by machines as banks cut costs and heed new regulations.
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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 Ben Moshinsky, Bloomberg |
November 1, 2012
Banks deemed to be too-big-to-fail should hold more capital reserves to protect against operational risks, such as rogue traders, regulatory fines and fraudulent employees, the Financial Stability Board said.
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By Jim Brunsden |
October 31, 2012
Global regulators are warning the European Union, United States and Japan to come together on OTC derivatives rules.
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By Joshua Gallu and Robert Schmidt, Bloomberg |
October 19, 2012
What Mary Schapiro considered her most important task had just run aground, a symbol of the aspirations and missed opportunities of her tenure as head of the U.S. Securities and Exchange Commission.
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By Whitney Kisling and Rita Nazareth, Bloomberg |
September 17, 2012
As politicians debate whether Americans are better off than they were four years ago, the stock market is saying yes.
