10 Updates

GROVER: Dodd-Frank regulations strangling economy

Source: Washington Times, Nov 30 2012, 6:21pm CST

Mitt Romney decried the Dodd-Frank Act as “the biggest kiss that’s been given to New York banks I’ve ever seen.” Since its passage, 122 community banks have closed. If the election had turned out differently, there would have be ...

Continue reading on: Washington Times

 
 
Update
10

5 hours ago

Thursday Papers: Osborne weighs RBS ‘bad bank’

Source: Citywire.co.uk  |   Jun 19 2013, 10:12pm CDT

Financial Times: British Chancellor George Osborne has announced that he may hive off Royal Bank of Scotland’s toxic loans into a “bad bank” as part of a plan to recast the state’s involvement in the British banking sector. Financial Times: Italian fashi ...

Continue reading on: Citywire.co.uk  More like this

 
Update
9

9 hours ago

PRESS DIGEST - Financial Times - June 20

Source: Reuters  |   Jun 19 2013, 5:58pm CDT

June 19 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Osborne looks at 'bad bank' for RBS toxic loans UK aut ...

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Update
8

28 weeks ago


Quote:
"If some banks are thought to be too big to fail then they are simply too big."


Source: Washington Times

 

Latest Politics News

 
Update
7

19 hours ago

Deloitte receives one-year ban on New York consulting work

Source: Accountancy Age  |   Jun 19 2013, 8:32am CDT

DELOITTE FINANCIAL ADVISORY SERVICES has been banned from providing any consulting work for financial businesses in New York. The New York financial regulator has criticised Deloitte FAS for its work at Sta ...

Continue reading on: Accountancy Age  More like this

 
Update
6

1 day ago

Obama seeks new Federal bank chief

Source: Irish Independent  |   Jun 18 2013, 11:04pm CDT

President Barack Obama has hinted that he may be looking for a new chief of the US Federal Reserve Bank, saying Ben Bernanke has stayed longer than the chairman had planned. Mr Obama compared Bernanke to long-time FBI director Robert Mueller, who ...

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Update
5

1 day ago

Wednesday Papers: Running of UK banks slated

Source: Citywire.co.uk  |   Jun 18 2013, 10:57pm CDT

Financial Times: The UK government has “interfered” in the running of the part-nationalised banks in a manner that is “clearly not acceptable”, a sweeping parliamentary review into the failings of the British banking system has ...

Continue reading on: Citywire.co.uk  More like this

 
Update
4

1 day ago

If Your Money Is in a Bank -- It's Theirs

Source: LewRockwell.com  |   Jun 18 2013, 8:23pm CDT

Though warnings urging depositors to get their money out of banks spread across the world, few have taken them seriously. Were all familiar with bail-outs, as in the government rescuing failed institutions, namely banks, by injecting them with tens ...

Continue reading on: LewRockwell.com  More like this

 
Update
3

1 day ago

Sally Miller: The Fed Takes Aim at Foreign Banks

Source: Wall Street Journal  |   Jun 18 2013, 6:07pm CDT

By Sally Miller Senior officials from Germany, France, Japan and the European Commission have expressed deep concern to Federal Reserve Chairman Ben Bernanke about the Fed's proposed new regulatory regime for foreig ...

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Update
2

1 day ago

Financial Stocks: Financial stocks rise ahead of Fed meeting

Source: MarketWatch  |   Jun 18 2013, 10:18am CDT

0 Comments Tweet new Portfolio Relevance LEARN MORE Want to see how this story relates to your portfolio? Just add items to create a portfolio now: X Add Select Sector SPDR-Financial (XLF) X Add S ...

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Update
1

2 days ago

Albany May Tighten Rein on Banking Consultants

Source: The New York Times  |   Jun 17 2013, 10:20pm CDT

New York State’s top financial regulator is preparing to crack down on the consulting firms that banks hire to navigate legal problems like money laundering and wrongful foreclosures, according to people briefed on the plans. In an attempt to force ch ...

Continue reading on: The New York Times  More like this

 
 

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