-
A Federal Reserve Board policy that freed financial institutions to lend to affiliates during the crisis was allowed to expire on Friday.
By Steven SloanOctober 30 -
A Federal Reserve Board policy that freed financial institutions to lend to affiliates during the crisis was allowed to expire on Friday.
By Steven SloanOctober 30 -
The Daily Show's suggestion for venting consumer anger: the "Angry Mob Platinum Card"; Bair gives equal time to ABA protesters; MBA's $76 million building on the block ...
October 30 -
The findings from the Fed's latest "horizontal review" of industry practices — this time, focusing on compensation — will not be made public, a departure from earlier this year.
By Steven SloanOctober 30 -
The findings from the Fed's latest "horizontal review" of industry practices — this time, focusing on compensation — will not be made public, a departure from earlier this year.
By Steven SloanOctober 30 -
The Federal Home Loan banks began reporting third-quarter earnings Thursday, with three posting multimillion-dollar losses.
By Steven SloanOctober 29 -
For all the invective directed at the Federal Reserve Board over the financial crisis, the central bank still emerged as the big winner under draft legislation to rein in systemic risk.
By Steven Sloan and Cheyenne HopkinsOctober 28 - Kansas
The Federal Reserve Board used its prompt corrective action powers Tuesday on SolutionsBank of Overland Park, Kan., after deeming it undercapitalized.
By Steven SloanOctober 27 -
House Financial Services Committee Chairman Barney Frank introduced a revised draft bill late Tuesday that would give the Federal Reserve Board the power to oversee systemically important companies, but beef up a proposed interagency council to advise the central bank.
By Steven Sloan and Cheyenne HopkinsOctober 27 -
Protestors set for an ABA "Showdown in Chicago"; calls from the U.K. to chop up too-big institutions not finding purchase across the pond; Frank identifies an Acorn obsession.
October 23 -
Though the Fed's proposed guidance governing executive compensation could potentially affect thousands of banks in all corners of the U.S., the true test of its success will probably be determined by whether it actually changes the way bankers are paid.
By Steven SloanOctober 22 -
Most financial institutions would need to review compensation standards for its executives under proposed guidance released Thursday by the Federal Reserve Board.
By Steven SloanOctober 22 -
Though a speedy implementation of new credit card rules could help consumers, Federal Reserve Board Chairman Ben Bernanke told a top House Republican that companies need time to comply with the standards.
By Steven SloanOctober 21 -
Despite renewed optimism about financial markets, a Federal Reserve Board study released Wednesday noted big hurdles remain in real estate and financial services.
By Steven SloanOctober 21 -
WASHINGTON — Federal Reserve Board Gov. Daniel Tarullo said Wednesday that limiting government protection to depository institutions or slashing the size of banks would do little to address problems posed by companies considered "too big to fail."
By Steven SloanOctober 21 -
The House Oversight and Government Reform Committee postponed a hearing scheduled for Thursday that would scrutinize Bank of America Corp.'s acquisition of Merrill Lynch.
By Steven SloanOctober 21 -
The best way to address institutions that are "too big to fail" is to make them smaller and provide government protection for only the "utility" aspects of a bank's business, Mervyn King, the governor of the Bank of England said Tuesday.
By Steven SloanOctober 20 -
Patrick Parkinson will succeed Roger Cole as the director of the Federal Reserve Board's division of banking supervision and regulation, the central bank announced on Tuesday.
By Steven SloanOctober 20 -
Despite Ken Lewis' planned exit from Bank of America Corp., his deal for Merrill Lynch & Co. Inc. continues to brew anger and confusion in Congress.
By Steven SloanOctober 20 -
The Federal Reserve Bank of New York said Monday it is "testing" reverse repurchase agreements as it studies a tool the central bank could use to sop up excess cash.
By Steven SloanOctober 19