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Pushback by the Securities and Exchange Commission is complicating a regulatory effort to investigate whether large asset managers should be labeled "systemically risky."
June 13 -
WASHINGTON A bank subsidiary should be able to claim tax refunds resulting from the institution's losses even if its tax returns are filed by the holding company, the federal bank regulators said in guidance issued Friday.
June 13 -
Sen. Sherrod Brown, D-Ohio, is pressing the Securities and Exchange Commission to revoke certain privileges from banks when they are involved in settlements or enforcement actions for illegal activity.
June 13 -
The Justice Department has asked Citigroup for more than $10 billion to settle a probe into the lender's sale of mortgage-backed bonds in the run up to the 2008 financial crisis, according to a person familiar with the negotiations.
June 13 -
Rep. Maxine Waters, R-Calif., is urging the Commodity Futures Trading Commission to examine banks' efforts to sidestep U.S. swaps trading rules.
June 13 -
A Consumer Financial Protection Bureau hearing meant to get feedback on mobile banking technology took a sharp turn Thursday when a majority of the audience offered complaints about payday lenders instead.
June 12 -
Sen. Lindsay Graham questioned payments to a senior advisor of Shaun Donovan, who currently heads the Department of Housing and Urban Development and has been nominated to lead the Office of Management and Budget.
June 12 -
The Federal Reserve Board on Thursday proposed changes to the capital planning and stress testing process, including giving banks an additional three months to undertake the effort.
June 12 -
The Senate confirmed three officials to the Federal Reserve Board Thursday, filling several key holes at the agency's helm.
June 12 -
Mary Miller, the Treasury Department official who led implementation of new financial regulations including the Volcker rule, is leaving the department in early September.
June 12
