Kevin Wack | May 22
Vermont Sen. Bernie Sanders, hoping to capitalize on recent calls for JPMorgan Chase CEO Jamie Dimon to resign from the board of the Federal Reserve Bank of New York, introduced legislation Tuesday that would bar bank industry executives from serving on the boards of regional Fed banks.
Kevin Wack | May 22
Market regulators told Congress on Tuesday that they learned about the trades the same way that everyone else did by reading press reports.
Donna Borak | May 22
Fisher talks about when a bank is too big, if more capital will ever be enough, and why it's time for regulators to go back to simplicity when it comes to crafting a rule to ban proprietary trading.
Donna Borak | May 22
In a sit-down interview, Dallas Fed President Richard Fisher discusses why too big to fail isn't over yet and what can be done about it.
By Jim Wells | May 22
The announcement is surprising as it follows so soon after hefty penalties were assessed against many other banks for their overdraft programs.
Kevin Wack | May 21
Senate testimony by CFTC Chairman Gary Gensler is expected to shed light on the split between regulators over the Volcker Rule.
Joe Adler | May 21
The FDIC has been in talks with the Bank of England since before Dodd-Frank about coordinating resolution regimes. But the 'London Whale' episode further highlights just how much risk is shared by the two transatlantic partners.
Kate Davidson | May 21
President Barack Obama used his weekly radio address to once again defend the Dodd-Frank Act in light of JPMorgan Chase's $2 billion-plus loss, which he said illustrates the need for reforms.
Kevin Wack | May 18
A House bill would exempt Emigrant Bank and only Emigrant Bank from a new capital requirement.
Kevin Wack | May 18
The upcoming congressional hearings on the trading losses at JPMorgan Chase could prove awkward for a group of lawmakers who own a piece of the bank.
Kevin Wack | May 17
The Democratic senators argued Thursday that the proposal by regulators to implement the ban on proprietary trading contains a "JPMorgan Loophole."
Kate Davidson | May 17
Financial regulators told a House panel Thursday that requiring banks to admit wrongdoing as a condition of settlements could raise safety and soundness concerns.
Joe Adler | May 17
Jon Rymer, the FDIC's chief watchdog, will run both offices temporarily while permanent SEC inspector general is sought.
Kevin Wack | May 17
The Senate Banking Committee announced Thursday that it has invited JPMorgan Chase CEO Jamie Dimon to testify about the firm's $2 billion trading loss. A bank spokeswoman said Dimon has agreed to testify.
Kevin Wack | May 17
The appointees, one a Democrat and the other a Republican, give the Board a full complement of seven members for the first time since April 2006.