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American International Group Chief Executive Peter Hancock said he's more focused on boosting returns than worrying about the government's classification of his company as a systemically important financial institution.
August 9 -
WASHINGTON The biggest banks are supporting a bill that would ensure that all U.S. companies submit beneficial ownership information to authorities, arguing it would help combat money laundering and terrorist financing.
August 9 -
Financial reform advocacy groups are criticizing regulators' executive compensation proposal as too lax, saying the firms themselves are essentially given the freedom to ignore many of the harshest penalties
August 9 -
At best, the proposal to restore Glass-Steagall is outreach to Bernie Sanders supporters. But at worst, it suggests the GOP candidate isn't as anti-regulation as he claims to be.
August 9
American Enterprise Institute -
The Inspector General of the Department of Housing and Urban Development has found a new ally in his fight to reform the down payment assistance programs run by HUD and state and local housing finance agencies.
August 8 -
WASHINGTON In the midst of a monthslong congressional inquiry into its cybersecurity practices, the Federal Deposit Insurance Corp. has issued a public statement outlining a slate of new data-protection measures.
August 8 -
In a speech Tuesday, GOP presidential nominee Donald Trump pledged to temporarily suspend all new federal regulations if elected president, but even if he wins the White House, the plan may prove beyond his reach.
August 8 -
The biggest change in banking in the last 60 years is the shift in balance sheets from business lending to real estate finance and therefore more risk tied to volatile real estate prices.
August 8
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Donald Trump will propose a temporary moratorium on new financial regulations in an economic speech Monday in Detroit in an effort to draw a stark contrast with the domestic policies of Hillary Clinton, who he says "punishes" the American economy.
August 8 -
With supervisory pressures continuing to mount, a piecemeal approach to handling banks regulatory demands is costly and ineffective.
August 8
Ludwig Advisors