Tag:
Biggest Banks
Latest Headlines
Latest Headlines
Credit rating agencies assess debt crisis
Fitch rattled equity markets recently when it published a warning on the exposure of top U.S. banks to the European debt crisis. According to the credit rating company, the six biggest U.S.
Surprise! Banks have thrived since 2008
The conventional wisdom is that big banks are ailing right now, groping for a return to the good times. There's good reason to believe as much. Just look at the stocks of the biggest banks, which are
FDIC rules requires living wills
In keeping with the intent of Dodd-Frank, the FDIC has voted to require banks with $50 billion or more in assets to file periodic contingency plans that spell out how the bank will wind down if it
Banks still "forging" mortgage documents?
Has anything really changed in the mortgage industry, despite a lot of political rancor about some dubious practices that banks said have been cleared up? The American Banker has weighed in with an
Retail complaints against banks soar
The OCC says complaints from retail customers of the 1,500 banks it regulates will hit 80,000 this year, according to the Associated Press. If that's accurate, it would be the highest in the 15 years
Bank branches slowly dying out?
The consumer banking shakeout is still unfolding according to Meredith Whitney, star analyst and soon-to-be head of a new credit rating agency. She predicts that U.S. banks will be forced to close
Reform doesn't create trading transparency
One goal of the Dodd-Frank reform law was to improve transparency at the biggest banks. But the law has failed in one important aspect: mandating more transparency of results within trading
Will trading migrate overseas?
There is always talk that onerous regulations will lead global Wall Street firms to engage in a kind of regulatory arbitrage and shift trading operations to the most favorable regions. Not too long
Banks still way too big?
It's been in vogue, since the financial crisis started, to lambaste the "too big to fail" idea that lies at the heart of the "moral hazard" problem, which has long plagued the industry. But the
