May 16
JPMorgan Chase, Goldman Sachs and the world's largest banks won rollbacks in final Dodd-Frank Act rules that promise to transform the private swaps market by increasing competition.
Harry Terris | May 16
The latest monthly reports from credit card issuers provide more evidence that loss rates will stay abnormally low longer than thought just a few months ago.
Jackie Stewart | May 16
Regulators let the Columbus, Ga., company acquire a failed bank its first deal in four years though it still owes Tarp $968 million. A surprising number of similar deals have occurred in recent years.
Harry Terris | May 15
Margin compression once again overpowered loan growth in the first quarter, sapping banks traditional source of revenue.
Kate Berry | May 13
Scott Simon, head of mortgage-backed securities operations at fixed income giant Pacific Investment Management Co., argues on the eve of his retirement that the government-sponsored housing enterprises should continue to play a major role in housing finance.
Harry Terris | May 09
In three years of say-on-pay votes since Dodd-Frank, investors have widely acquiesced to double-digit increases in bank executive compensation.
Paul Davis, Dean Anason | May 08
Executives at Heritage Commerce and Pacific Continental on the West Coast and Texas Capital Bancshares are catering to niche customers and building market share close to home instead of taking grand steps to expand.
Harry Terris | May 08
Small banks perch in small-business lending is being steadily eroded by large, credit-card issuing competitors.
May 08
Mega-banks are feeling pressure from shareholders and the public in ways that seemed unlikely even a few weeks ago. At JPMorgan Chase, directors and managers face the very real prospect that shareholders will vote to strip chairman and chief executive Jamie Dimon of his board oversight role after a leading advisory firm charged the company with material failures of stewardship and oversight. In Charlotte, N.C., protestors planned large-scale events outside Bank of Americas annual meeting in the sort of public display that could push the biggest banks into making the sorts of changes that governance scolds have long demanded.
May 08
Freddie Mac will pay $7 billion to the Treasury Department after reporting the second-largest quarterly net income in the company's history.
Victoria Finkle | May 07
The House Financial Services Committee passed nine bills largely related to the derivatives market on Tuesday, exposing critical divisions among Democrats on the panel.