Glass Steagall news from FierceFinance

Is Citigroup (C) bowing to the perceived reality of new Glass-Steagall-like restrictions? You might think so given the news that the bank is preparing to sell its private equity, real estate and... Read more...

Wall Street collectively shuddered at the thought of a new Glass-Steagall. But not all sectors of Wall Street will be affected in the same way. The private equity industry--firms that are not owned... Read more...

Let's say the Volcker plan erects something like a Glass-Steagall separation. What would Goldman Sachs (GS) do? A lot of people are speculating already about the prospects of the gilded firm going... Read more...

There's a lot of fear in the industry right now given the news about a modern Glass-Steagall Act coming out of Washington. But it will not likely affect all Wall Street firms equally. When it comes... Read more...

It's no secret that the banking industry is a really good target right now. Populist angst, across the spectrum, is focused on it for obvious reasons. We're about to enter a new phase in the battle... Read more...

It was huge news in 1999 when Glass-Steagall was repealed. The law was said to be a relic, but it's not looking so anachronistic any more. There is a real move to revive the old barrier between... Read more...

If the financial crisis has taught us anything, "it's that no financial institution can ever again become too big to fail. That means any mega-bank remaining standing at the end of this crisis will... Read more...

We've noted over on FierceSarbox, on occasion that it is better for an industry to be involved in attempts to impose regulations than to be passive. Indeed, we sometimes see an industry calling for... Read more...

Should we once again embrace the Glass Steagall concept of separation of commercial and investment banking. It would seem to be an ill-timed proposal given that investment banking super powers... Read more...

Not too long ago, as Glass Steagall crumbled, investment banks feared that commercial banks would leverage their lending relationships into investment banking relationships. The advantage seemed... Read more...