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Fed finalizes post-crisis rule easing for domestic, foreign banks

The U.S. Federal Reserve on Thursday unveiled a final package of rules easing capital and liquidity requirements for domestic U.S. and foreign banks that were originally introduced following the 2007-2009 global financial crisis......»»

Category: topSource: reutersOct 10th, 2019

Most Forecasters See Modest Growth Boost From Bank-Regulation Rollback

Most economists think the U.S. will experience somewhat stronger growth in the coming years due to relaxed postcrisis rules on some banks, though a sizable minority said the measure could weaken financial stability......»»

Category: smallbizSource: wsjJun 7th, 2018

BIS Confirms Banks Use "Lehman-Style Trick" To Disguise Debt, Engage In "Window Dressing"

Several years ago we showed how the Fed's then-new Reverse Repo operation had quickly transformed into nothing more than a quarter-end "window dressing" operation for major banks, seeking to make their balance sh.....»»

Category: blogSource: zerohedgeJun 24th, 2018

Zero-Down Subprime Mortgages Are Back, What Could Possibly Go Wrong?

Ten years after the collapse of Lehman Brothers, banks.....»»

Category: blogSource: zerohedgeOct 15th, 2018

Europe Markets: European stocks higher; DAX set to close 2018 with biggest loss in 10 years

European markets were positive on Friday, boosted by banks and oil majors. The German stock index, on its final day of trading, was looking at the worst annual return since 2008......»»

Category: topSource: marketwatchDec 28th, 2018

Three years later, India"s bankruptcy reform languishes in courts

When India introduced new bankruptcy resolution rules in 2016, government officials and investors said they expected debt-burdened state-owned banks to clear up some of their bad loans and create a dynamic market in restructured debt......»»

Category: topSource: reutersJan 27th, 2019

: Advocates say there’s an ‘unholy alliance’ between banks and colleges — and the feds should break it up

Agreements between financial institutions and schools to market to students have concerned regulators for years.....»»

Category: topSource: marketwatchMay 7th, 2021

Facebook must make final call on permanent Trump ban, board rules

Facebook's Oversight Board delivers long-awa.....»»

Category: topSource: latimesMay 5th, 2021

KC health director will retire after 23 years

Kansas City Health Director Dr. Rex Archer announced Tuesday he plans to retire later this summer. Archer, head of the city’s heath department, said his final day will be Aug. 1. He said he and his wife originally planned that he’d retire.....»»

Category: topSource: bizjournalsMay 5th, 2021

Why Mexico’s Shadow Banks Are Raising Investor Fears

Spooky things can come out of the shadows, and shadow banks, as non-bank lenders are called, have been a source of unpleasant surprises for markets across the globe over the years. Now shadow banks in Mexico, where they have boomed recently, ar.....»»

Category: topSource: washpostMay 3rd, 2021

Killing Trump’s Rule? Congress Has an Act for That

Like presidents before him, Donald Trump raced to finalize new rules before he left office in January. Now the U.S. Congress is dusting off a little-known law that gives the legislative branch a final say......»»

Category: topSource: washpostApr 28th, 2021

Strengthening tax enforcement on the wealthy could raise $700 billion in 10 years, Treasury says

Biden wants to invest about $80 billion in the IRS after a decade of budget cuts and declining audits. .....»»

Category: topSource: businessinsiderApr 28th, 2021

The Archegos meltdown caused huge messes at some of the world"s largest banks - but it also proved the post-financial crisis rules made us safer

Regulations on the levels of capital banks mus.....»»

Category: topSource: businessinsiderApr 18th, 2021

Jeff Bezos posts his final letter to shareholders as Amazon CEO. Read the key takeaways and full note.

For over 20 years, Amazon CEO Jeff Bezos has written an annual letter to shareholders. He just published his last one. Amazon cofounder and CEO Jeff Bezos. AP Photo Amazon.....»»

Category: topSource: businessinsiderApr 15th, 2021

By the numbers: Will Zalatoris" quick rise from WFU to PGA Tour star

Will Zalatoris enters the final round of the Masters tied for second place just three years after leaving Wake Forest University to turn pro......»»

Category: topSource: bizjournalsApr 11th, 2021

: Major banks, including JPMorgan and Citi, have invested $3.8 trillion in fossil fuels since the Paris Agreement

Some 60 of the world’s largest commercial and investment banks have in total put $3.8 trillion into fossil fuels from 2016 to 2020, the five years after the voluntary Paris Agreement was signed......»»

Category: topSource: marketwatchMar 24th, 2021

Market Snapshot: Dow slips as bank stocks hit by Fed decision on capital requirements but Nasdaq recovers

U.S. stocks remain mixed Friday afternoon, after slumping when after the Federal Reserve said it would not extend temporary relief from capital-requirement rules for banks......»»

Category: topSource: marketwatchMar 19th, 2021

The Shopper"s High: MIT Study Says "Neural Reward Mechanisms" Trigger Credit Card Spending

For years, banks and credit card companies have known customers tend to spend more money when buying with credit cards instead of cash. read more.....»»

Category: blogSource: benzingaMar 16th, 2021

Outside the Box: The financial markets almost seized up a year ago — it’s time to finally make fixes

The largest part of the financial world --- comprising private equity firms, hedge funds and investment companies --- are still underregulated. MIT Sloan's S.P. Kothari makes the case for strengthening the rules......»»

Category: topSource: marketwatchMar 12th, 2021

Exclusive: 22-story apartment tower in Water Street Tampa, the district"s final building in phase one, has topped out

The $3 billion-plus mixed-use development has hit a major milestone just three years after its first building began vertical construction......»»

Category: topSource: bizjournalsMar 12th, 2021