Tag:
Regulatory Level
Latest Headlines
Latest Headlines
Citadel investment in E*Trade quashed
The Office of Thrift Supervision has decided, in something of a surprise, to put the kabosh on Citadel's plans to invest $100 million in E*Trade. The OTS was a bit vague about its rationale, but Reuters adds some analysis. Apparently, Citadel and E*Trade struck a little-noticed tentative deal
Big question looms for Bank of America's new board
New Bank of America chairman Walter Massey is making good on his word to recreate the Bank of America board. O. Temple Sloan, former lead director, is out, as is former outside director Robert Tillman. The newcomers have a lot of experience at the regulatory level and at the executive level at ban
Front running still an issue
To some of you, it may see like front running was a yesteryear's issue. With all the compliance and monitoring technology that has been deployed at the regulatory level, you would think there would be obvious disincentives. But the announced $69 million settlement (forfeited profits and penalties)
