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The industry needs a leader to be the face of a lawsuit challenging the proposal. The author nominates JPMorgan Chase's Jamie Dimon.
October 17 -
A preemptive move to establish an SRO could create necessary safeguards while holding off burdensome intrusion from the federal government.
October 14Allon Advocacy -
By declining to hear from the financial services industry as it reviews existing capital rules, the Federal Reserve risks making "consequential errors."
October 12 -
The Federal Reserve's monetary policy objectives are on a collision course with the post-2008 capital and liquidity framework, and it's time for regulators to decide what those reforms were for.
October 11American Banker -
BNPL needs and deserves a consumer-focused approach to regulation that takes account of its significant difference from other consumer credit offerings.
October 10Klarna -
The credit scoring firm takes issue with an article questioning changes to its scoring model.
October 7 -
The Federal Home Loan banks and their clients were well represented in the Federal Housing Finance Agency's recent "listening tour." The public, not so much.
October 7 -
Legislation that would make it simpler for banks to work with cannabis firms is always just about to arrive. But it never does.
October 5Green Check Verified -
The Biden administration is methodically laying out a regulatory framework for crypto markets, but until that is in place it's allowing those markets to reap what they have sown.
October 4American Banker -
The industry is largely missing out on a huge segment of the market for financial services.
October 3McKinsey & Co.