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The Federal Deposit Insurance Corp. announced Tuesday that two financial officials with European regulatory backgrounds, Sir Jon Cunliffe and Elke Koenig, will join its Systemic Resolution Advisory Committee meeting on December 5 to discuss Dodd-Frank resolution authority and related issues.
November 28 -
Financial firms claim a proposal by the Consumer Financial Protection Bureau would restrict lending, raise borrowing costs and result in more denials of credit to consumers.
November 28 -
U.S. regulators' swift action in March to ring-fence the banking sector after the collapse of Silicon Valley Bank might have had an unintended consequence of driving cash out of bond funds by enhancing the appeal of deposits, two New York Fed researchers say.
November 28 -
A group of about 10 bankers reportedly is departing Citi for Jefferies.
November 28 -
The pressures and frustrations of daily work lose some of their ability to aggravate when you consider how much real choice you have in the matter.
November 28 -
The big China deals that lined rainmakers' pockets for decades have evaporated. Banks and law firms alike are cutting jobs. Those advisers that remain are chasing smaller deals and taking extended vacations.
November 28 -
The outcome of the case could be an added wrinkle for those banks that have expanded their headcounts in Paris after Brexit.
November 28 -
The proposed rules — which the Federal Reserve, Federal Deposit Insurance Corp. and Office of the Comptroller of the Currency unveiled in July — would require the biggest US banks to set aside more capital for a variety of different businesses.
November 28 -
The rebound in Adyen and its European fintech peers this month has been notable, but investors should brace for a bumpy road ahead.
November 28 -
The world's biggest banks have slowly begun experimenting more with artificial intelligence in recent months, spurred by the promise that it will help them boost staffers' productivity and cut costs.
November 28