Global banking regulators are turning their attention to how firms measure the riskiness of their assets amid criticism firms’ calculations are inconsistent
BusinessWeek.com — Finance
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon’s public questioning of Federal Reserve Chairman Ben S. Bernanke on bank regulatory costs has “thrown down the gauntlet” in the industry’s increasingly aggressive fight to curb higher capital requirements and other rules.
BusinessWeek.com — Finance
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon’s public questioning of Federal Reserve Chairman Ben S. Bernanke on bank regulatory costs has “thrown down the gauntlet” in the industry’s increasingly aggressive fight to curb higher capital requirements and other rules.
BusinessWeek.com — Finance
U.S. Senator Richard Durbin, the deputy majority leader, said he would “do my best” to fight Republican efforts to cut funding for regulatory agencies including the new Consumer Financial Protection Bureau.
BusinessWeek.com — Finance
The SEC and the Commodity Futures Trading Commission are in a severe budget squeeze, and layoffs may be the only answer
BusinessWeek.com — Finance
The chief executive officers of Bank of America Corp., Deutsche Bank AG, UniCredit SpA, Prudential Plc and dozens of their peers emerged from a closed-door meeting with policy makers in Davos today saying the group has forged common ground.
BusinessWeek.com — Finance
United Western Bancorp’s Denver- based lender with more than $ 2 billion in assets was seized by the Office of Thrift Supervision, the largest of four U.S. banks shut down today.
BusinessWeek.com — Finance
U.S. banking regulators shuttered two lenders, one each in Florida and Arizona, as the banking crisis enters its fourth year.
BusinessWeek.com — Finance
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